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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: mattie who wrote (18350)11/11/1998 7:14:00 AM
From: Iris Shih  Respond to of 68156
 
Mattie,

I am a long-term intc holder. I have written intc covered calls for quite some time and stop doing it since last month. Agree with what Clint believes that this might just be Christmas phenomenon. But one can't deny intc's short-term momentum here. If it breaks 102~103, it's clear sky for it until next quarter. Should have strong support around 92~93. Won't chase it here but safe to buy if we get the pullback like Clint predicts. Same goes with amd. It should have strong support aound 23.

IRis