Frank:
Congrats on your new thread. Just read all the posts. I generally read most of the posts on the Intel Thread, but didn't see anything about your new thread. Sounds pretty interesting. Should keep you busy in case you encountered a slow period - just kidding.
This market keeps you at the edge of your seat, unless you are a long (very long) investor. I have been in Intel for many years. Last several years mostly in INTCW. I do not play in puts, call or leaps. But I do invest somewhat risky. I am absolutely fully margined - but only in INTCW. I will go with the market to a point. When it gets fairly high I will reduce my margin and try to buy back again lower. (I keep my core holdings). It has worked pretty good over the last several years. This time I was going to sell the warrants at 120, but got too greedy, so I have been riding it back down. Still in profits for this year. Also had to meet a margin call, since I bought more on the way up. At this point I just wait and pray at "your Church of Intel."
Didn't look too bad today for Intel. Like I mentioned to you before, I think Intel will survive all this. My wife's nephew is in the computer business in Germany and he loves Intel. They are a little behind over there (like Andy Grove preached to them), but will come around and so will the rest of the world, IMO. Even so AMD is trying to make an inroad there, Intel will remain dominant.
I own several other stocks - but no margin. Like I said, we did pretty well today in Intel. Almost bought Ascend last week, so I feel lucky today.
Good luck with your new thread and I will converse with you again.
Regards,
Sonny
P.S. Joe Batttipaglia, from Gruntal, just mentioned on CNN Moneyline that TECHS will come back and so will pharmaceuticals. |
