Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: Dennis who wrote (15569)	1/4/1998 11:45:00 AM
From: Captain Jack	Read Replies (1) of 27012

Dennis--- I have been waiting since lasr Mar for SOME THING to drag the mkt down BIG. I still think there is a possibility (strong) of that happening. That is why I am only 70% - 80% fully margined. Had I been in cash last years gains would have been at least cut by half. If things go to hell--- there is always the short side. I will be happy to pay what the bank pays you plus a % or 2... has to be cheaper than my margin rate <ggg>. If cash gets you 6% (yeah,right) and inflation goes the 2.2% they are talking about you get 3.8%,,, sorry but I will gamble on the mkt and my actions/reactions first. The only way to make cash (IMO) pay is to pay off all non-deductable credit. Other than that it does not work so I would have to,,, sorry- I do NOT want to work <ggg>. Lord knows I do not know what I am talking about,,, just a gambling trader --- and enjoying every second. John

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