Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: John Graybill who wrote (2349)	7/6/2000 2:39:17 PM
From: chic_hearne	Read Replies (1) of 436258

Re: I'm just as happy that I decided to wait for a dead-cat bounce to reload on shorter-term puts instead of buying calls in the meantime in anticipation of a bounce. John, I think you're throwing your money away, if you're referring to July puts. The big ones all have earnings coming and the hucksters should be issues upgrades, blah blah blah.... INTC splits at the end of the month... ANALysts will be saying "now it's cheap, you can get in under $100". SSTI, AMD, INTC, etc. should all beat numbers and say they are sold out for at least a year, with no end in sight... INTC will say for the 5th quarter in a row they are not going to be able to meet demand, again.... I'm looking for a rally to the 19th-21st range, followed by a BIG selloff depending on how some of these CC's go. Clowns are jumping back in the SOX and they will get taken to the cleaners in a few weeks.... August puts look tasty, but I'm not buying them until around July expiration... I think we're playing against each other (at the moment). -g-

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