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Technology Stocks : INTEL TRADER

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To: Jurgen Trautmann who wrote (3257)7/17/1998 1:29:00 PM
From: Jurgen Trautmann  Read Replies (1) of 11051
 
Out of Dell - as usual too soon.

Sld 100 LDE AD Dell-calls Jan00 strike 120 @ $33,
bot for avg $ 16 7/16 last time at 6/4/98, gain 101%, annualized 844%

Why? I'm nervous. And it's a good tradition to sell Dell shortly before a huge rally begins. But - the most important cause - I have three trades for free with my new brokerage. (g) Last thought: Finally I could by this position back whenever I want - for just 10k margin-fee.

BTW - my realtime-system (interquote) doesn't show the trade, but it's confirmed by my new broker CompuTEL.

Happy trading!

Jury

PS:

Bot yesterday 1000 SII @ 5 3/16, check that who wants, I believe that could start soon!
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