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Technology Stocks : INTEL TRADER
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To: Berney who wrote (10008)7/18/2001 1:17:17 PM
From: John Harton  Read Replies (2) of 11051
 
BA Humbug!

Got whipsawed by BA, selling the stock when it broke support and both the P&F and Candles foretold doom. Kept the puts insurance which now are losers also. Shoulda given more credence to the high Berney F/A score.

F/A 1, T/A 0 (^_^)

Got much better results exiting AMD puts today for a nice gain(in 3.70 out 6.40) that erased a good bit of the AMD long debacle earlier. Feels strange to join "the darkside" though.
Got my finger on the sell trigger for my GOLD position, in at 3.96, now at 4.38. Will hold the fido gold sector fund in case the dollar does prove to crumble.

Don't know what to make of this market now, with two things in particular making me feel like a good long opportunity is right around the corner. MER is holding up unusually well today for a stock(under pressure) that generally tracks the market...and the RYDEX contrarians on the MITA thread are calling this a heavy bullish situation.

Will wait for OEX 608 Friday and take a look see...GG

Regards
-John

PS RE: LL Baseball....we be in the losers bracket now.:0( Took a tough loss to a much inferior team...us playing "crush em where they is" vs them playing "bloop em where they ain't" Da kid had a great game, however, including "catch of the year" in center field :0)
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