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Technology Stocks : INTEL TRADER

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To: John Harton who wrote (8520)	6/9/2000 12:58:00 AM
From: smolejv@gmx.net	Read Replies (1) of 11051

I dont know myself what to think of the situation. The impression is nothing happening and I was wrong so many times before - it all feels like some cartoon from the far side, the scientist is watching some footsteps (grizzly?) with a looking-glass and a giant grizzly bear is peeking over his shoulder -. have AMD calls since end of may and made ~30% on them. Why puts?! I am now again ~100% invested but a) 80 is europe and that is uninteresting - I guess b) from US i have battered stock like MO & MSFT calls , LMT... I decided - as already said on the thread - to move to low PE/good PEG territories. Watching what 0.50% rate increase of EZB will do to euro. When a commodity of such importance and liquidity is unpredictable, we have something called efficient market (g). Whats up for next week? a) Ill cut my losses - if any b) Ill let my profits run as always. My latest self-inflicted joke: realizing (imagining) a double bottom on euro 10 days ago I went and bought - except I screwed up the order and sat on euro puts for a week for a loss of ~400$. Covered now by the profit when a correct number got typed in 4 days ago. whats the bottom line on your spreads, John? dj

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