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Technology Stocks : INTEL TRADER
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To: MonsieurGonzo who wrote (4347)10/14/1998 9:24:00 AM
From: AurumRabosa  Read Replies (1) of 11051
 
Steve, Could you explain your long-scalp trade idea again please? One thing to keep in mind with these LPs is that rather than a yield the dividend is actually a return of capital and so the share value drops by about as much as the pay out. Some are designed to go to zero by a certain date, e.g. timber LPs.

Took a flier on your COF trade. Hope it holds up after the bad Intel news rattles the Mr Market today. 8% on a COF CC isn't bad for 4 days ;-) If I don't get called I'll write an overpriced Novi on Monday.

I've been trying to trade straddles last couple of weeks and its a pain as the volatility is so volatile. I'll probably bail out of 'em today and look for good put ideas.
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