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Strategies & Market Trends : Tech Stock Options

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To: Alan Smithee who wrote (6458)3/26/1997 2:09:00 PM
From: Kevin   of 58727
 
Hi David. My MF are indicating INTC should head south....like it should have yesterday. It's funny you mentioned the PGs...if you look back about a week (maybe a bit more), you will see that I actually sold PGs on INTC, thinking it would base in the low to mid $130s and move higher. I sold 'em at 6 3/8, and closed them out today at $3 3/8.

Took most of the profit and added to the PFs (see my post to lisa).

The well-mentioned 'window dressing' concept may be contributing to INTC's rise...it's the Blocks that have helped INTC move higher the last 2 days. Non-blocks look terrible for INTC & MSFT last two days.

See ya!
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