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Technology Stocks : INTEL TRADER

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To: Gersh Avery who wrote (8779)12/7/2000 4:10:42 PM
From: smolejv@gmx.net  Read Replies (1) of 11051
 
...CSCO over the edge would be the push and GE would stand for good ol' US on the receiving side. First will probably happen, second should not - no reason for that. Figure it out yourself, I cant (g).

I have CSCO puts (16% up in the last~10 days) and would never buy GE puts. Have too much respect for Jack Welch (g).

I remember getting flamed by Steve about 15 months ago for hinting bashfully that US just does not put anything aside for the Florida vacations down the life path. He admonished me - you could see his cojones dangling from below the pulpit - how US is putting everything into the market and not under the pillow as those stupid Zeuropians are used to.

It just did not seem like a 100% clean idea then and sure does not now (national rate of saving -7% year to date). And these 7% do not mean the market drop - it means spending over the limits. Phone ringing? Yeah, its the margin call, guys.

dj
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