Hey, baldie, why do you think you are toasted ?
If you have stock, and probably leaps or options with more than six months to expiration, you will probably survive.
If you are in short term options, or have deep margin, then I would probably agree that you are in deep doo-doo.
All: you know I am an Intel bull, but I think we will see 60 before we see 80 again, and I think 40's is possible. For those of us with available resources, this could be the most tremendous buying opportunity. Merced is coming, Intel will still take over the world, I still think 200 by 2001, but it's going to be a rough 3 to 12 months. |
