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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Wes Stevens who wrote (31182)	7/17/2001 1:09:23 PM
From: Electric	Read Replies (2) \| Respond to of 37746

Wes, We agree, and I get my feeling from the tape and the J6P view I am seeing in the market. Look around, everyone and their mutt is trying to short this and that and the bias in the options pits today are bearish on INTC. Pros wouldnt play the near term options, so it is the little guy, and I think the little guy looses yet again tonite. It is funny how they are pricing the options to death on both sides.. I agree with you that INTC will follow the MSFT lead and it gives the company a perfect excuse/reason for saying things will improve. If things dont improve even if they think things might, the effect of not improving a year out is better than being lame like GLW and giving no guidence tonight. One never can fully say but more indicators are telling me to be bullish into the report versus bearish. Now if the Naz does another dump into 3PM, and all start to crash including names that are up (SEBL,QLGC,HLIT etc) then we may get whipped hard tomorrow.. All I can do is live with my stops and be light on margin.. LOL