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Strategies & Market Trends : Shorts waiting to happen

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To: Sabrejet who wrote (595)8/31/1996 1:03:00 AM
From: DB1960   of 852
 
Richard:

A week ago, I asked about shorting INTCW as a leveraged way to short Intel. Your response was appropriate:

>>I stated a while back, it takes big guts to short INTC!!! Heck Jimmy Rogers is short that and getting killed! The same with Cisco.

Well, I didn't do anything at the time. But I do notice that INTC is languising a bit, flirted at the 83 level earlier in the week, only to end it closer to 80. I'm still not feeling any itchy trigger finger, but I wonder what happens when the most loved stock in the US starts to go through some bumps.

Any updates on AMTX? It thrashed around this week, too.

Doug
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