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Technology Stocks : INTEL TRADER

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To: smolejv@gmx.net who wrote (4820)	12/11/1998 11:50:00 AM
From: MonsieurGonzo	Read Replies (1) of 11051

DJ; RE:" More Buffett Stuff " >Like Brk.B approach though. Still they're damn expensive... I liked GRN more than BRK.B because it had options. Don't see any available after DEC-98, though (or I would LEAP it today and sit on it). If the DOW don't turn around today and (at least distribute) from ~8800 perceived support, I think it will eventually decay 300-400 points to 8400~8500 area. FWIW, DAX-30 has same H&S-like formation; sans support here, target is what, 4300~4400? Not a bad position for a Long Straddle. -Steve

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