Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.23

+2.3%

Feb 11 3:59 PM EST

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To: Bernard Newman who wrote (6148)	12/9/1996 9:11:00 PM
From: jack c rains	of 186894

Bernie, yes profits are profits. At least that is real money and not paper money that I always say that you can't worry about. And, who knows how the MMs will play it tomorrow - even though Intel is up in afterhours trading. At any rate, the time is mighty ripe for my put buying again - what with all the bullishness going on in the markets again. Tomorrow or Wednesday at the latest I suspect. Again, when I refer to buying puts, I'm not referring to Intel. The last time that I played puts in Intel big time was well ahead of their last split when it had came down from around 74 plus high to 57 support area. It just kept on going into the 60 plus area and then falling back to that 57 support time and again. While investors were holding in making virtually nothing, traders were cleaning up on Intel moving back and forth in there. I forget how many times that I was playing played the put positions in it. But, I remember telling Jules G and Paul Losahl on the Prodigy Money Talk bb that I would switch when Intel went through a certain resistance number. And, I did. Good trading. Jack

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