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Technology Stocks : INTEL TRADER

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To: smolejv@gmx.net who wrote (2088)3/12/1998 2:24:00 PM
From: MonsieurGonzo  Read Replies (1) of 11051
 
DJ: dis, dat an' d'other...

>>CSCO... in narrow DownTrend channel<< how much down do
>>you rate this will go? My guess 15% from the top, ie into
>>the middle fifties.

she's got support at 60 +/- 1/2, which is the middle of her channel.
But yeah, you're right Janko - bottom of her channel is around 56, and from 56 down to 53 we Load The Boat with CALLs, should we get the opportunity to do so.

bot 40 FATEF, FLC MAY 30 CALLs @ 1-3/16; OSX.X looks ok 60-days out, and if it hits ~99 tomorrow I'll go long/heavy the index with CALLs.

Headphones? just finished some Fleetwood Mac, think I'll crank 'em up and do Aqualung into the close (^_^)

-Steve
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