Mike (and ALL) I have been reading and reading and absorbing as much as I can from all you smart fellows out there and am in awe of the total wisdom that exhibits. I believe I am probably the oldest person on this net. Ergo, although certainly less experienced in trading than most of you, I think one thing stands out that has not been mentioned:
The GREEDY BASTARD MM's figured that the new restrictions were coming in and they had better get all they could out of the trading the last few days. So, they did all the nefarious stuff they could as a going away present. More than likely they will still be troublesome to us, but hopefully, less so.
It does look to me as if INTC is behaving rather well today. I believe that all of the beneficial forces are now coming into play and we are on our way to great days ahead, although there will surely be more ups and downs!
As I said, my main claim is rhat I am old. One picks up a lot of hindsight along the way. I do hope that Jack Rains' lurking fear of a pull back takes a long time to happen, since I'm not far enough up on the profit ladder to weather a big setback. Just stating the obvious, but I hope it is pertinent.
Sometime, when the time is right, I still want to try a call or a put, or something. Have a certain amount of gambler in me that wants to get out. Good trading to all!
Ira |