SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 48.80+5.0%Feb 2 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jack c rains who wrote (7231)1/5/1997 11:50:00 PM
From: Khang Tran   of 186894
 
Jack,

I look forward to reading your posts when I log onto SI because of your logical sound investment TA. I've noticed that when INTC or MSFT has a major run up or sets a new 52 week high, within 2-3 days, the price declines 3-8 points due to profit taking. What is your opinion on what will happen this coming week and the duration between now and when INTC releases their numbers. Ordinarily, I would think INTC would decline this coming week, but with the release of the the MMX chip on Wednsday (major economic data on Thursday & Friday too), I can't get a real gauge on INTC this week. I've been able to turn a nice profit by buying the call options when INTC dips and selling them as INTC climbs. Using this strategy, I've been able to get a 40-60% return on my investments within 1-2 weeks. Now, I'm considering buying puts and making some $$ as INTC drops, rather than just having my capital sit idle, waiting for the INTC to bottom out.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext