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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Ms. X who wrote (1377)3/3/1998 7:22:00 PM
From: lobster  Read Replies (2) | Respond to of 34816
 
Jan,

Bought some INTC July 75 Calls. Looking for quick bounce. What are your thoughts?

Also, please work your magic and pull NA down. Bought some Sept 50 puts the other day. Went against the overall trend. At time sector and momentum were negative, I believe the sector is now bear correction(day after trade executed) and momentum crossed to pos. Currently the stock is fighting hard to break through the double top. Each time it gets close, 49 says get back down where you belong. Using first buy signal at 49 as stop loss. I know I should not have bought the put in the current market, but short term FA was bad as well as a few TA indicators. What are your thoughts on the stop loss?

Using 82 as stop loss for Intc options.

Later,

Lobster

P.S. What are the directions to the party/seminar?