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

To: Road Walker who wrote (124183)	1/4/2001 2:28:45 PM
From: Hightechhooper	Respond to of 186894

John, Thanks for the detailed advice. I will consider those options as I struggle to get through this. I think the big rally will not come until after the Jan Fed meeting where they lower rates by another 25 more BP's. The near term earnings reports and very poor Q1 outlooks will keep a lid on things until there are small signs of the economy stabilizing. Also, historically it is the second rate cut that generates the greatest response from financial markets. I am hoping I can write Feb 42.5's or 45's the first week of February. If I can just squeek out $1 per month from writing calls I will be OK by summer when, hopefully, INTC's business will be starting to take off. Thanks again for the advice,