Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.59

+4.9%

Feb 6 9:30 AM EST

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To: Jules B. Garfunkel who wrote (6469)	12/15/1996 11:26:00 PM
From: jack c rains	of 186894

Jules, thanks for your words. Well, you and I have been hashing over this selling covered calls ever since we have known each other. Neither one of us is apparently going to change - so guess we will just have to call it a draw and both of us do our own thing (ggg). I was going to put on the exact examples from the Characteristics and Risks of Standardized Options booklet that brokerages are supposed to give to all of their option players. However, we have probably bored everybody enough with this already. So, I'm going to call it a night with this last note. Jules, have a good day tomorrow in the markets. Good trading. Jack P. S. Somebody asked for the support areas this evening. Those were put on here elsewhere already tonight by somebody else - and I agree with them. The only other ones that I would add are the 5 day MA: located right about where we now are at in Intel and the 20 day MA which is located around 125. The 10 day at 130; 50 day at 117; and the 100 day numbers looked okay to me.

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