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Technology Stocks : INTEL TRADER
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To: smolejv@gmx.net who wrote (4265)10/9/1998 4:22:00 AM
From: Berney  Read Replies (1) of 11051
 
DJ, Can I cut in?

With the OEX at 472, the Jan 430 Put and the Jan 510 Call on the OEX are in a dead heat. Clearly, the big money doesn't know which way it is going. The only known is that it is going to be volatile.

In a rally mode, BTD, sell the rally is the mantra without a lot of risk. In a bear mode, BTD, sell the rally, has no assurance that there will be a rally.

For better or worse, I go to cash today, and will not hold overnight until November.

Berney
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