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Technology Stocks : INTEL- Money Making Option Ideas for Small Investors
INTC 41.04-0.7%9:57 AM EDT

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To: Gary Withers who wrote (163)7/20/1997 2:25:00 AM
From: IQBAL LATIF   of 201
 
Subject: MR./MS. MIDAS TOUCH OF SILICON INVESTOR

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When to exit?

Either one should follow 'Buffet' or 'Soros'investment school of thought,
both are astute investors difference being Buffet does not care for these storms in
tea cup whereas Soros will take advantage and play big time. I imagine our
fundamental reason of being here is trading both sides of the market so if you have
reached your investment objectives I don't see any point getting 'high' just to enjoy
the fall, I see this is a strong market but you should get out if you see a double
close below your faster MA's. There has to be some kind of mental discipline, I see
no fire or reasons to get worried but I know I will not fret about leaving the party
early since I will be technicaly long whenever ocassion would demand.

You an decide on Monday what your positions are and accordingly decide to exit
at a certain point where you see that sanctity of the trend is maligned with certain
clear violations of generally accepted principles of TA, however the only caveat
being that like you many others would have unfortunately reached the same
conclusion.I can advice to buy but exiting strategy has to be based on your fiscal
and margin circumstances.

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