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

To: marc ultra who wrote (3579)	2/22/1998 11:54:00 AM
From: William G. Foley	Respond to of 42834

Thanks for the response. I know he has not recommended INTC in the newsletter.

To: marc ultra who wrote (3579)	2/22/1998 1:38:00 PM
From: Trebor	Read Replies (3) \| Respond to of 42834

>Bob is absolutely NOT recommending Intel.< But he did say the stock acts like it wants to reach new highs. A lot of people, rightly or wrongly, will interpret that as a buy recommendation. For my part, I'm sticking to my strategy of holding Intel long term. When it gets to what I consider overvalued, I sell covered calls against part of my holding. When it dips to what looks like a buy point, I either buy back those calls or let them expire worthless. I've never heard Bob discuss this strategy in any detail but it has worked very well for me.