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Technology Stocks : Intel Corporation (INTC)
INTC 35.10+2.3%3:59 PM EST

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To: Darren who wrote (58605)6/24/1998 8:15:00 AM
From: Francis Chow  Read Replies (1) of 186894
 
You will be crushed. This stock will see 85 in less than trading 7 days. If it gaps up tomorrow, you may not be able to get out...

I don't think this is very likely (just a friendly disagreement). I find changes in the open interest in calls and puts to be a damn good indicator of the next few days trading. Yesterday, the open interest in puts remained constant, while the open interest in calls expanded significantly (We're talking July contracts here). Others may disagree, but I take this to be a very bearish sign.
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