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To: Thomas M. who wrote (35432)2/24/1998 6:12:00 AM
From: donald sew  Respond to of 58727
 
Thomas,

I have looked at INTC, and was hoping for some pullback. According to my technicals, it is now a CLASS 1 SELL for the very short-term to buy-in today. Granted that it could continue to break out right now in this extremely hot market, then I have to look for somethingelse.
Basicly we are going thru a technical breakout, and my TA is of little use. But a technical breakout can turn on a dime. I am not a momemtum trader, but follow my technicals carefully and yes I will miss some, which is possible with INTC.

Keep in mind since playing with calls there is the dilema of time value and premium, so timing is crucial.

Seeya