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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (357)	7/14/1999 11:02:00 AM
From: J.T.	Respond to of 19219

Re MOT: This is why you always sell half of your option position for profit above the total cost basis and give second half chance to run. Today this piece of shi... works against the call buyers and the options expire worthless unless some miracle develops.. unlikely. MOT report good numbers but the boys don't like the iridium crap so they sell it. Should have gone with my first instinct to sell within two days on second half. That's the breaks. The market loves to hate MOT. Go figure. MOT down on good numbers Then there is INTC the markets golden child stock. INTC reports lousy quarter but market instead concentrates on rosy next two quarters positive spin. Go figure. INTC up on bad numbers. Best, J.T.