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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (37523)3/5/2002 2:35:40 PM
From: Stockdoctor  Read Replies (1) | Respond to of 99280
 
orknrious...i think what we just saw when ORCL warned....only ORCL got killed not the braoder market. Even couple of years back INTC got sliced but the market gapped down and recovered. I think INTC can easily take a 20% beating whie the braoder miarket might just selloff in sympathy.

All in all weaker markets ahead for both DOW, SPX, NAZ.



To: orkrious who wrote (37523)3/5/2002 3:29:17 PM
From: All Mtn Ski  Respond to of 99280
 
Ork,

I'm leaning toward thinking INTC will warn as well and that will be the trigger to get back under 1800, but perhaps only temporarily. The March 32.50 Puts look attractive at a buck currently. If INTC does warn, I think it goes under $30, thus making the Puts a quick double+. Hmmmmm........


A-M-S


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