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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: freeus who wrote (22831)	12/8/2000 9:01:20 AM
From: im a survivor	Respond to of 65232

<<Intel '03 100s $2???????? Yikes I'll have to get me some that's PLENTY of time to recover. $2. Oops stock post, sorry.>> Freeus.....question. You say thats plenty of time to recover. Maybe yes, maybe no. You yourself mentioned you believe this next year is going to be very rough. If you believe that why consider buying those leaps, let alone anything else. I love intel. Long term, I see no problems...but at $30, I'd be buying stock instead of calls in a heartbeat. Those 03 $100's are 250% OTM, and you yourself said the market is in trouble for a year. Seems to me you wouldnt be buying anything right now, let alone leaps with only two years that need a 250% gain. Lots of folks think intel will pull a dell and be dead for a year or two....if so, then what. owning the stock at this level long term is a no brainer, but I wouldn't want to take the chance on the calls. you could hit it big if she recovers, but then again, you'll sleep better owning the stock.....but again, I keep being drawn back to the fact that you think the market will have a tough year. Quit relying on what others think and start relying on what you think.......I like you, seek alot of opinions on the porch, but I don't run out and act on them immediatly as you seem to do sometimes. I use peoples opinions as part of my dd, then I decide what to do after looking at everything. many times, I have seen you run out and buy, sell, cover or uncover something immediately upon somebody mentioning it to you here on the porch. Thats not a wise decision...very smart folks around here, but you should only use opinions as a part of your dd, not your only basis of dd. Anyway.....just some thoughts.....if you really truly believe the market is in for a rough year, think about what you do before doing it. luv ya keith