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Technology Stocks : INTEL TRADER

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To: smolejv@gmx.net who wrote (2221)4/9/1998 5:42:00 AM
From: Jurgen Trautmann  Read Replies (1) of 11051
 
Janko, I'm still in cpq with all positions. (in Intel and BA with most positions).

Some of these positions are quite old - so my loss increased during last 7 month up to 30% (of k...) despite the (middle-old) stock-position is still laying in plus.

I don't expect that cpq will slide away a lot farther - doesn't matter whether the dec-deal will be realized or not.

As you know - it's a cost-intensive game so go in- and out of options, and it's not necessary if you anyway have the intention to play longterm.

I'm not sure about coming (next 2-4 weeks) trends. Yesterday (IMHO) the naz finished with a certain uptrend, and individual stocks had VERY different trends the hole day long.

We both are in pole-positions for a few weeks of "correction", but I'm in doubt if we're right.

In my feeling it depends on next news what will happen. The best possible for me was a selective correction of high valuated stocks combined with a selective rescue of undervaluated stocks.

Happy trading!

Jury
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