MSFT-How to make money for new investors through option. Message Board

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Technology Stocks : MSFT-How to make money for new investors through option.

MSFT 516.91

-0.2%

Nov 3 3:59 PM EST

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To: carlos jeanpierre who wrote (26)	6/21/1997 10:11:00 AM
From: IQBAL LATIF	of 57

Msft- I like to see MSFT take a breather here and test 120 preferably 115 to make up for the big gap. If INTC is unable to move up MSFT and may be IBM in sympathy trade lower and test supports. INTC strategy- waiting like a fisherman with a 'stale' bait..THe story will not change until circumstances don't. This is a kind of discipline we need to avoid whiplash: Subject: INTEL- Money Making Option Ideas for Small Investors \| Previous \| ------ \| Edit your message \| To: +IQBAL LATIF From: +IQBAL LATIF Jun 21 1997 10:00AM EST Reply #65 of 65 Watch out for fresh trades, so far we have saved ourselves from whiplash as we are on the sidelines waiting for that ultimate breakout, inability of INTC to breakout of 1481/2 and SOXx to back out from 310 is a sign of big resistance, triple witching unwindings may have been a very minor reason but I reduce INTC chnces to go higher every single day it faces this huge resistance at 1481/2, I think COMs earnings on tuesday may give some direction and much needed impetus to this otherwise listless INTC sideway flirtation. It is kind of a stock that if it does not break up it will under its own weight violently try to undo the shackles, this coming break is going to be fast and violent and if triggered by any negative event will take INTC to test 140, the resistance that it needs to break. Until then the up trend is intact and I will look to establish positions as soon INTC takes out decisively 1481/2 and 311.8 SOXx. All other positions are to hold until INTC breakout, SUNW, CA, HWP IBM MSFT COMS AMAT ASYT KLIC WDC SEG QNTM will all suffer if INTC test old lows. Better off to wait and let market lead you to nirvana and hopefully EL darado. P.S.MO settlement very good for Tabacco industry.

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