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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Diamond Jim who wrote (2905)	1/19/1998 9:00:00 PM
From: Alan Bell	Read Replies (2) \| Respond to of 42834

Of course, "long Intel" is very different than buying for the long term. Going long simply means to buy the stock rather than going short. Bob first said that he had bought back into the stock on his Jan 3 show. At that time he said it might only be for a short time. This is reported in post 2600 on this thread. I find his Intel comments illuminating even if they aren't something that can be traded on. He did not make a recomendation that people buy Intel. Overall, Bob does an excellent job of providing simple information and sophisticated insight in the same program. Trying to address two distinct audiences at the same time is hard. -- Alan

To: Diamond Jim who wrote (2905)	1/19/1998 10:39:00 PM
From: mister topes	Read Replies (2) \| Respond to of 42834

It is amazing how you miss the whole point of what is said. Intel at 69 and Intel at 77 are two different prices. If you bought at 69 and could sell at 77 in under one month and pocket an 11.5% gain or 23% on margin you would be ahead that much. If you thought the move from 69 to 77 discounted the good news of the earnings report you should take your trading profit as a trader. You are making a huge mistake calling $69 Intel the same as $77 Intel. This is the same mistake people made when Intel was in the nineties last year. The stock was overvalued and had to go down. And it did. And at $69 it was short term undervalued and ripe to rally and it did. And then the rally failed at $77. End of story.