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Technology Stocks : INTEL TRADER

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To: Berney who wrote (5023)1/7/1999 7:14:00 PM
From: MonsieurGonzo  Read Replies (1) of 11051
 
TB; RE:" movin' on "

>Tuesday I put in a GTC sell on on C for $51 15/16 (after holding about 600 shares all thru December at $51 13/16). I think I got left on the launch pad Wednesday morning as the thing went thru $52 as if the resistance did not exist...

You weren't alone, dude (^_^) I have 100s of C @ 49-13/16, against which I sold 1 CAJ - C Jan 50 CALL @ 2-3/16.

I was sitting there looking at it around 1-7/8 on 31-DEC thinking, "I should un-cover this thing before the New Year's pop". Somehow amidst all the bubbly I forgot to execute ( but did perform that night, if I recall ;-) and now I'm bound to be assigned with a gross profit of $237.50 ! We both win a chocolate euro, dude !!!

FWIW, We shoulda been in CMB anyway or, AIB or IRE ( talk about yer bangin' banks! )

I got stopped out of ANGLY flat and rolled into SWY before the close.

Here's hoping your ALL and my SWY dojis do their magic good JuJu thing. If the SP99H futures are above fair value at open tomorrow, we'll be takin' scalps before 10.30 and having lunch at Elaine's in mid-town.

-Steve
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