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Strategies & Market Trends : Tech Stock Options

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To: Michael Rich who wrote (15309)	7/15/1997 12:57:00 PM
From: Tom Trader	of 58727

Michael & Kevin regarding >>MF on INTC looks great also Kevin,I don't know if your data shows the same thing Help me understand something..... A few days ago m/f looked terrible on INTC and yet the stock did not decline and now it has turned very positive; how does one reconcile these two components in terms of the price action that we have seen. Has the negative m/f beenoverwhelmed or neutralized by the recent positive mf? Will the price of INTC decline in the near future to reconcile to the previous negative m/f? Is this one of the instances when m/f has just not worked?? Please understand that I am not being critical--just trying to understand in a situation such as INTC, how exactly one should use m/f in making trading decisions.

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