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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: AurumRabosa who wrote (91027)	10/29/1999 1:04:00 PM
From: Brian Malloy	Read Replies (1) \| Respond to of 186894

I think once again the market is speaking for itself. I say again, What bear market? What do you own that makes you think we are in a bear market. If you are in the right sectors and if you own the right stocks, this has been a hyper bull market. I don't think $54 is the next stop for INTC unless it is after the next split. Too your point what am I trying to say? For example, I used puts on the S&P prior to its drop a few weeks ago and on AET and ALL. All of which ended up being winning positions. Why would I buy puts on INTC when it is in a bull cycle? If anything I would use a covered call strategy with INTC. I trust your short and put positions have not been too painful today and yesterday. Do you plan to cover and or cut your losses or do you still think we are in a bear market? Regards,