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


To: Paul Engel who wrote (101687)3/28/2000 4:28:00 PM
From: GVTucker  Read Replies (3) | Respond to of 186894
 
Downdraft? Heck, INTC isn't even 10% off its all time high. This is scarcely a downdraft.



To: Paul Engel who wrote (101687)3/29/2000 12:51:00 AM
From: Joey Smith  Read Replies (3) | Respond to of 186894
 
Hi Paul, re:"just sold a bunch of Apr 130 puts...'
That is pretty aggressive !!
I used the downdraft to sell Intel May $110 PUTS and July $100 Puts.

I think we'll get a good short-term bounce off $135, at which point I may or may not buy them back. It depends on overall market direction. If DAQ breaks 4800 hard, I'll probably buy them back and look at the May $125s or $120s.

Did you notice SI picking the Sox to win the World Series this year? Hope its not the kiss of death. But, with the Martinez Brothers as your #1 & #2 starters, anything is possible. A good friend of mine has 2nd row, 1st-baseline, box season seats this year. let me know when you'll be in boston this summer & I'll see what i can do...

joey