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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 21 4:00 PM EST

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To: James F. Hopkins who wrote (24677)	9/2/1999 11:38:00 PM
From: Monty Lenard	Read Replies (1) of 99985

Jim, I agree on INTC but it is awfully dangerous. The chips are on a tear right now. "You can't ( I can't ) play stocks unless I play ten of them," You remember those little groups we worked on a while back? That was a good strategy and I/we just did not follow thru. I tend to agree with you on playing more than one. Some of my best days/weeks have been when I picked 3 to 5 and discarded the one that did not IMMEDIATELY react the way it should have and kept the others. Kinda tough to watch more than one right now though because this market is so choppy. Or at least it is for me. I will probably wait a little more on INTC. If I can catch the MM's marking it up real fast I will know to go short. If not, I will find some SAFER play. That durned GTW that my friend put me on is going down if I can just hit it right. Both shorts I have made on it has made about enough to buy lunch. It just won't die. But at least it has not torn my head off .... yet. Monty

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