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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Gerald Walls who wrote (2297)	4/15/1998 9:18:00 AM
From: Jurgen Trautmann	Read Replies (2) \| Respond to of 11051

Gerald, this is a good point to me. I've had this feeling for a long time - but could not exactly define the inert logic. If you track the "open interest"-numbers - sometimes huge numbers - and if you realize, that mostly institutional contractors are in obligation, it's time to get a certain healthy fear, at least to be cautious. My (privat) clue was so far to focus in leaps and NOT to hold these leaps too long - if possible, to sell at least 6 month before they expire. I was making experiments with "normal" options during last 12 month, and I lost a lot of positions - occasionally? I don't think so. Jury PS: However, INTC has passed your magic 78 after hours - I think you know that already.