Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.23

+2.3%

Feb 11 3:59 PM EST

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To: Paul Engel who wrote (32392)	9/22/1997 12:32:00 PM
From: vinod Khurana	of 186894

Peace everyone...peace. Let me make it clear. First, the opinions I express are strictly those of my own and not those of any firm, organization or otherwise. Second, I am a short term trader ( < 6 months). I have no intention of of becoming a long term investor at these lofty prices no matter what the predictions for the DJIA (10,000 +). My retirement fund which I will not be dipping into for at least 30 years is invested long term in blue chip equities. It has had a long run to the upside and I am grateful to all those on this and other boards for having pushed it up (except gold which was my main loser last year [down 22% for the year but up 140% from 1993]). Third, I do not claim in stone that my predictions will come true. I try to gauge the market sentiment based on volume, the infamous "gap" theory that so many seem to dislike, moving averages and a few other factors including fundamentals. Fourth, INTC is trading at $97 1/2 this afternoon and is right at my resistance level. I am tempted to buy a few call options but will wait until it closes above this level (IF it does). Fifth, call/put option is very, very risky...but then I only invest what I can afford to lose. I don't have sleepless nights. What I make in this market is a bonus to my regular pay and hence do spend it on mostly gifts for my nephews and neices and a few trips here and there (mostly to Florida). It is in no way my savings plan. My regular pay and retirement income is more than enough to take care of me. Just to clear up the air. Good luck to all and sorry for offending anyone. Mr Arnon's personality makes it such but it is he who has the problem and must "fight" it in himself to overcome this personality problem. V.K

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