Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.59

+4.9%

Feb 6 9:30 AM EST

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To: jmac who wrote (6521)	12/16/1996 11:05:00 PM
From: Saban Kurucay	of 186894

Well as I said I have been looking into similar signs with other stocks like MO and CKFR as well. Similar signs there always hinted at the correct direction short term. This is expiration week and I am not an expert in what happens during expiration week. However, my limited experience thus far tells me that an upmove is highly likely , since the options expire this week I would hope for it to happen SOON. Again, take all of this with a grain of salt since this is the kind of indicator I'm testing on paper now... Thus my real money in this case is not where my mouth is ... Although I'd love to buy some DEC 140 calls to see what happens to them ... In your case I'd watch the market real carefully tomorrow, especially what happens to the option volume and open interest. It may be thar there are other clues to be gotten.... Best of luck with your calls..... --Saban P.S. One thing I can say though for sure , Unless any bad news for the sector comes out tonight or tomorrow before the market open. Tomorrow morning is not the time to unload your calls after todays large drop.... I just reread what I've written above and was really impressed with my grammar ...:)) But you'll get the point anyways..

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