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 (6813)	12/23/1996 8:22:00 PM
From: Jack Levin	of 186894

Why is it going down? Well, think about it. All options expired on friday, some people got called out some did not. What a covered call writer would do on monday, either keep or sell it... Today was reasonably slow day with decliners outpacing advances... I tend to believe it was a sell day generated by friday's tripple witching. Chances are INTC will pick speed either tomorrow or at the end of the week. Comments? -Jack

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