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Strategies & Market Trends : Help me become a millionaire -- Ignore unavailable to you. Want to Upgrade?

To: lee0 who wrote (552)	3/6/2002 6:56:14 PM
From: victor pan	Read Replies (2) \| Respond to of 583

what would you do if you held INTC March calls now, using your risk reward model? INTC is going to have a mid-quarter update tomorrow after hour. I am not quite sure where to draw trend lines on INTC chart. According to its movement, it's waiting for the update to decide whether to break out of the down-trend channel since 1/9? Buy on rumor sell on news means a reverse course at a breaking news. However, I am not sure if there is a 'course' (from the past few days) to be reversed.. do you think it's INTC who is going to start a real catch-Dow-up rally, or it's INTC who is going to lead the way of profit taking?