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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: James C. Mc Gowan who wrote (13580)8/2/1998 5:29:00 PM
From: Chris  Read Replies (1) of 42787
 
Hi James,

I'm not very familiar with LEAPS and such.. However, I think Intel is very strong in reference to the general market. I think if the mkt was uptrending, Intel would be near 90's +.

I, myself, have Intel at 94ish. So I've held underwater too. I didn't cut my losses and have $$$ held up for 1 yr +.

But i think you can initiate puts if intc breaks down below 84 1/2 to 85 support.. wait for my confirmation and a CLOSE around there.

hope it helps.
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