Intel Corporation (INTC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC)

INTC 47.76

+1.3%

10:17 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert Hecht who wrote (5857)	11/28/1996 11:13:00 PM
From: jack c rains	of 186894

Robert, I'm looking for the Intel pullback Monday at the latest. It's possible it could start as early as tomorrow. Some of the market averages are walking a tightrope at the moment and it wouldn't take a whole lot to break things down. That happens and Intel would go down with them. I'm definately saying that we are closer to the next minor top than the bottom - and as such it is a little late (short term) to be putting new money into long positions. It would be prudent to wait for a pullback at least before doing so. As for traders, the buying of first stage puts is just around the corner. Remember, I've been a trader for over 36 years and I always trade as a contrarian. Sell longs going up and buy puts; Sell puts going down and buy calls. Good trading. Jack

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next