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

To: AurumRabosa who wrote (6873)	9/25/1999 3:50:00 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 11051

So then .. Perhaps the way to work that might be to sell INTC $90 puts when the price is ~$60 and buy the stock at the same time? If you are correct that should put your landed cost of INTC at ~$30. That's if you do a 1 to 1 ratio. If you do a 2 to 1 ratio then the landed cost would be $0. Make it tastey .. call them say .. 2001 leap puts <G> Course .. if that ain't the bottom you'll get bit real bad. Gersh

To: AurumRabosa who wrote (6873)	9/25/1999 4:58:00 PM
From: Berney	Read Replies (1) \| Respond to of 11051

Ron, Re: INTC FWIW, I believe that the monthly chart is best used to determine the LTL (lower trend line) and the weekly chart is best used to determine the UTL (upper trend line). So, I show the LTL to be at $56 and the UTL to be at $85. There is decent HS (horizontal support) at $71, with a 50% Fib retracement at $70. If this breaks the 62% Fib retracement would be about $65 with the weekly EMA (exponential moving average) at $62 and rising. So, I have the pivot points at $56, $65, $70, $85, and $89.50. Just A View from the Swamp TB