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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 231.94+0.1%3:59 PM EST

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To: gvatty who wrote (247451)2/7/2008 1:10:06 PM
From: wbmwRead Replies (1) of 275872
 
Re: He could have also made $ shorting Intel. Intel declined about $1.50 the last 5 days.

I've been looking at INTC stock these past couple of days, and I think when it bottoms out next I might buy some calls.

Disclosure: the last time I bought INTC calls was after it dropped from $28 to $22, and those were a disaster, since the stock dropped even further. I ended up losing 60% on them before I sold. I'm hoping not to repeat that mistake again. I already captured some more leaps, but I'm waiting until the stock falls to $19 or below before I buy more.
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