Stock Attack -- A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (3415)	9/25/1997 9:12:00 PM
From: jmac	of 42787

OUCH was right. Today was just awful for a techno bull. Dell hung in there pretty well given the breakdown in CPQ, AMAT, and INTC. What will tomorrow bring. I am about ready to give up trying to guess. Maybe the MMs are trying to drive prices down before the earing's come out for these strong companies. I will tell you one thing, if INTC misses its number, I am giving up on INTC. INTC gave price breaks to all the PC vendors who are cleaning up on profit by not reducing the prices of the corresponding products. Tomorrow should be interesting and given past Fridays, I am not too hopeful. I sold Oct 100 calls against my DELL and will probably sell Oct 100s against INTC if 92-93 does not hold.

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