Vinod:
It's interesting to read a different perspective once in a while,
but you have been providing conflicting views.
You project INTC to be around $85 in 4 weeks, but the fundamentals
of the company is strong. Where do you think INTC will be at in
3 months, 6 months, a year from now?
I have both INTC, INTCW and I plan on buying more of INTC today
on margin, even at $95. I usually bring my price down by selling
Calls for 2-3 months out, i.e., I would sell INTC OCT 100 at $5-6.
If Intel hits 100 by Oct., I would still make $5 in less than 3
months (more than the marging interest I paid), if it doesn't,
I have lowered my buying price to $90.
INTC has been the money making machine for me and a lot of us out
here. Stay with it. Make the best of the opportunity that exist
right now, as INTC has violated all the PHYSICS LAW in the book.
Enjoy trading,
Nilesh. |
