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Strategies & Market Trends : Tech Stock Options

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To: Rich Gottlieb who wrote (6808)4/4/1997 8:02:00 AM
From: Kevin   of 58727
 
Hi Rich. Nice play on INTC. I'd be careful of WDC for calls, only because you will find reistance at $2 1/2 higher than it is currently (20-day BB proves to be a constant resistance to WDC). However, if it can break through this resistance, I see it b/t $65 & $75 in the next few months based on MF readings. Somebody is buying into this stocks and they're buying alot.

I live in central New Jersey. I go up to the city every so often. I think the quiet life in Vermont sounds much better than living in the city!
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