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

To: Marc Schiler who wrote (3528)	8/21/1998 3:35:00 AM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 11051

Marc; RE:" Stocks " RMBS - actually, a high probability that it will open up tomorrow and breakout; else, sell PUTs on the thing whenever it dips below ~55. CCI - good entry level, Marc - but you're leveraged with LEAPS, and should be prepared to average down if the banks continue to tank. I nibbled on CMB (stock) at ~65, and have buy orders spread down all the way to ~57, in increasing $ amounts. Usually, I only LEAP when there is growth evident - but I'll pyramid average-down to accumulate some stocks to add to my core. NOK.A - I got that one set at 1x76/2x68/3x60 right now. ADPT - sorry, I only follow EMC in the DDX.X sector. CSCO - personally ( sorry, JT :-) I see CSCO as a flight-to-quality TechStock making a double-top - but FYI, I have not been a good reader of CSCO for some time now (^_^) Everybody else says this is a breakout, Marc. INTC - I completely missed out on the INTC move because the kapital I have allocated to trading in the SOX.X sector is all tied up in (worthless) ASYT Dec98 CALLs that I initiated during a period when I was not emotionally capable of good judgement. >I've seen others called professor, but I'm answering anyway... it's cool - what do you profess ? >Jury, you get milk in strange places... This is the weirdest sandbox on SI, without a doubt, dude. -Steve