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

To: smolejv@gmx.net who wrote (4533)	11/2/1998 12:00:00 PM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 11051

DJ; RE:" wink wink, nudge nudge " Q: how many percents are left there to fondle us some more? A: not (too) many and none in Europe... My target for the OEX.X was ~540 (DOW ~8700), which we have reached. For the DAX, I got the near-target at ~4780 and the far-target at ~5050. Rate cuts in EU may boost EuroWEBS equities beyond the near-target? That's the biz-buzz over here (^_^) >How's your covered C's from the last week (or was it a week before)? Yes, it is confusing because I sold CCalls on banks+brokers on 20-OCT and then bought them back 28-OCT for 25-50% gains; then I sold CCalls again 30-OCT... but this time I took the CCall revenue and bought far CALLs 10 points higher and 3-6 months out. The underlying are CMB - Chase Manhattan and MWD - Morgan Stanley sector bellwethers. Today, CMB and MWD are down around ~3/4 with the DOW up +125, FWIW. I still think GE will approach 90 strike boundary - but personally I expect decay or consolidation towards 20-NOV options expiration. ( you know I am not very good trading momentum within an UpTrend ;-) What's your read, professor ? -Steve