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Technology Stocks : INTEL TRADER

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To: Berney who wrote (8480)6/3/2000 11:57:00 PM
From: Gersh Avery  Read Replies (1) of 11051
 
Thanks Berney ..

I blew out the little pool that I had just started up when I decided to go outside my system and ride those INTC calls.

Some of the folks decided to run with me again ..

I had made up my mind that I wasn't going to jump in again until the first was a grand slam situation. That should start the pool out with a double or triple. Next I'll phase into a slower growth style with about 2/3 of the gain being paid out on a regular basis. Max each month of 50% of available funds being injected into the system. Two months out of 3 gain being split off as income.

I didn't know that GZ was short now. That's good to know. And I didn't know about Bill calling for a 700 point slide.

If we do get that 700 point slide, it should go much further than that. Last week over on the BK thread, they were talking about the diamond formation. From what I understand, they break out up strong as a head fake before they resolve strongly down. This was supposed to be a very large formation. I think that Bill has also been talking about a 9700 target ..
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