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Technology Stocks : Intel Corporation (INTC)
INTC 48.60+3.5%Jan 20 3:59 PM EST

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To: who wrote (2148)7/12/1996 10:50:00 AM
From: dppl   of 186894
 
I use Lombard and DBC on the NET - nothing fancy. What attracts my eye is simply accumulation history and breakdowns usually H & S confirmed by a big drop then a rally, which is my entry point for puts or shorts. You can have multiple entry points over time if this trend is confirmed (look at CUBE).

I don't see anything really dramatic about INTC now, downside risk is 63.

If you want to see the stocks that look attractive as shorts, look at

VNTV, ASTF, USLD, ASND (waiting for big drop first), VTSS (drop occurred, looks a good short at 25/26), maybe USRX as long as it doesn't establish a close on heavy volume over 78 before or just after earnings next week.

I'd write puts on VNTV right now but they are not sold... Waiting for a confirm on short (big drop and rally).

I did well on AMTX lately, buying puts when it was around 20 and getting out at 14 1/2.

good luck

dppl
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