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Technology Stocks : INTEL TRADER

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To: Trading Machine who wrote (9264)	3/15/2001 9:00:43 AM
From: John Harton	Read Replies (1) of 11051

Skoal TM! (^_^) Ya know the tech revolution was(and is) great.(IMHO) Its just that bubbleologists got a little carried away with the possibilities. Bidding for your groceries online fer heavens sake! Lets all buy ads from each other with funny money and develop a real nice revenue growth stream! I asked Quote.com for the top 10 US indexes in percent gain at the close yesterday...at first the page was blank, then they found one BTK.X at a whopping 0.0% gain? It was really ugly. I also lurked around the other threads and checked my peoplemarks of those I consider the sharpest and most surehanded traders(outside of this sandbox :)) and the resignation was really high. Most have us on the edge of the cliff. On the plus side, the SOX is really trying to be the "little engine that could", and AG saved his ammo earlier this month (though some would prefer he empty his revolver now-ggg). I really wanted to "steal" mister softee mar 55 calls yesterday. Max pain @ 60, daily and weekly trendlines overhead pointing to 57-57.5 area. Being "lead sled dog for QQQ" I figure it will juice the leverage in my small QQQ holding. Course that goes both ways GGG. Also, wanted to boost my gold stocks with the short squeeze going on there and the real nice weekly chart. Also, may act as a hedge in worst case scenario. If OEX doesn't get its butt back above 600 today I may just go to all cash and put it in a Japanese bank!!!...NOT! -John

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