Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: James C. Mc Gowan who wrote (13580)	8/2/1998 5:02:00 PM
From: Chris	Respond to of 42787

great post on investing in today's stock market. exchange2000.com

To: James C. Mc Gowan who wrote (13580)	8/2/1998 5:29:00 PM
From: Chris	Read Replies (1) \| Respond to of 42787

Hi James, I'm not very familiar with LEAPS and such.. However, I think Intel is very strong in reference to the general market. I think if the mkt was uptrending, Intel would be near 90's +. I, myself, have Intel at 94ish. So I've held underwater too. I didn't cut my losses and have $$$ held up for 1 yr +. But i think you can initiate puts if intc breaks down below 84 1/2 to 85 support.. wait for my confirmation and a CLOSE around there. hope it helps.

To: James C. Mc Gowan who wrote (13580)	8/2/1998 5:36:00 PM
From: Sonki	Read Replies (2) \| Respond to of 42787

jim, this is a complicated process. assuming it's in your ira right? take the profit on in next two weeks. it does not matter weather u have profit or loss. u need to calculate what your leaps will be worth by expirations. U start loosing time value at a high rate within last 6 months and especially within last 3 months. i m worried about ur 99 leaps not y2k. i would sell 99 in strength by y2k1. take ur loss. intel target as quoted by Gruntal is 105 (12 mo. target). who know what it will be, depending on Merced schedule. delay in merced u r dead. Merced comes out ahead of schedule u r in business.