Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 40.23

-0.8%

1:53 PM EST

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To: Sonny McWilliams who wrote (24486)	10/7/1999 12:26:00 AM
From: Brian Malloy	Read Replies (1) of 27012

Ok, I don't want to play Alan Greenspan and take away the punch bowl but thursday might be a good day to take some profits in the AM. In this market one should not be greedy. I still think we are going to get a retest of 9,800 on the DOW and the NAZ will sink as well. TAX selling season is on. Window dressing season is over. Good earnings aside at this time. I think fed will not raise rates but they will take up a tightening bias. Markets will stablize early next week and advance overall through Thursday. After that, the cycles and seasonality say watch out below. Early next week would be a good time to sell Sep covered calls and pick up some extra income. Message 11422005 To the thread, something that I have been thinking about for quite a while and saw this article today. As sonny knows I'm carrying a much higher cash level than normal. I may execute something like it around Thursday of next week. Message 11420388 FWIW

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