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Technology Stocks : INTEL TRADER

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To: MonsieurGonzo who wrote (4788)12/9/1998 12:45:00 AM
From: Berney  Read Replies (1) of 11051
 
MG, Re: Duck Blinds

I always forget about the tax issue as part of the selling decision. I probably need to find myself a good tax accountant. <g>

The entire market is "ominous". Seems I picked today today as a short-term top a couple of weeks ago. However, as long as we stay above OEX 566 I'll maintain a bullish bias and assume the market will forgive my entry mistakes.

The problem from my perspective on the INTC chart is that even a "normal" Fib retracement is a long way down. But, as long as it stays above $115, why stand in front of the mo-mo train? Just think what JT's return would have been if he had kept those INTC calls. But I sold the stock about the same time so I live in a glass house.

However, I watch, I observe, and I learn!

Berney
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