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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 9:30 AM EST

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To: Slow&steady who wrote (87161)8/24/1999 12:22:00 AM
From: John O'Neill  Read Replies (1) of 186894
 
>>John, are you still short [puts]? Or do you think Intel will run?<<

no...I lost a small amount on intc puts.....I did exercise them so I covered on monday...i like to cut my losses quickly ...I know this market is going to have a severe decline, the question is when.....I'm almost all in cash...i do have 30 djx sep puts and 30 djx oct puts & about $75K in uspix pro bear fund....otherwise, i think the real money is to be made buying into the market at much, much, much lower levels.....

have you checed out the divergence in the index vs the advance decline line since uncle greenspan started pumping liquidity into the system in oct??.....This market has really been sucking since about last April, the indexes have just been driven by a few large cap stocks ...people like paul, who I take it is a market maker of some sort, have a vested interest in growing the bubble( no problem with wanting to make $$, but in my opinion...no one has control over it.

check out this link

decisionpoint.com
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