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Technology Stocks : INTEL TRADER

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To: smolejv@gmx.net who wrote (1840)1/28/1998 2:31:00 PM
From: MonsieurGonzo  Read Replies (3) of 11051
 
DJ; RE:" NHY "

Sold 1000s NHY @ 45 when it last peaked, +1-1/2. Was watching it drift down the last few sessions and had order to buy heavy at 39-1/2.

But this little bounce in oil has turned it around at 42-1/2 and it had a little mini-rally. I expect it to drift down again, as soon as Sadaam blip goes away and oil re-tests its last lows.

Moves like a damn turtle. At least DAI bounced today - DAX is looking strong! Noticed in today's London Financial Times that SAP gave forward earnings warnings. (Don't believe it) Get that DAI over 70 strike for me, will ya? (^_^)

I'm shorting TAN today, and hoping IBM can hold 96-1/2 (I'm in at 96).

With Chinese New Year Holiday, and ending of earnings season, this rally was just waiting to happen. INTC over 80, steaming ahead !!!

-Steve
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