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Technology Stocks : Intel Corporation (INTC)
INTC 47.14-6.1%3:59 PM EST

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To: Bernard Newman who wrote (6159)12/10/1996 10:35:00 PM
From: jack c rains   of 186894
 
Bernie, I sold out of Intel just right, didn't I? As I wrote you this morning after selling, it was to be put buying time later in the day. And, as always the big tech stocks made that last lunge back up - but not getting back quite as far. And, that was all she wrote for today. Puts were in order. IBM and DELL were screaming to be had along with several others. Tomorrow is another day and we will see whether things carry on through or reverse again. But, today's movements from high to low gives put traders plenty of room to operate (see how things go). My call last night on the Intc Bounce bb (don't remember if I put it on here or not) concerning put buying being right around the corner - either Tuesday or Wed at the latest was once again right on - even if it might only be good for one day's trading (ggg). With the unknown contents of all of the economic reports due out all week, it's always interesting. Good trading. Jack
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