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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: Trading Machine who wrote (6434)7/30/1999 3:36:00 PM
From: MonsieurGonzo  Read Replies (1) | Respond to of 11051
 
TM:" INTC PUTs... "

>I am looking at some options, puts on INTC look pretty good...

...the SOX.X will rally from CLOSE today, IMHO -- INTC/AMAT perhaps strongest group in tech sector right now, man.

Be careful with CSCO... CSCO is to the NAZ as GE is to the NYSE.

DRG.X a harami cross today and also likely to end next week up or flat rather than down; pros may buy some into close. If/When SGP hits ~45, Load The Boat !

...find some BLOATED WHALES in the RLX.X sector and spear those; anything consumer-spending related is taking a hit; appliances, autos, anything bought on credit...

I'd be tempted to short SNE, mebbe NTT, anything Made In Japan; either their strong Yen will kill their exports or, our rising interest rates will slow down U.S. consumption of toys (^_^) If'n ya got the cajones for it, short BBY or CC - the remote warehouses for Japan, Inc.

-Steve