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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Kona who wrote (22100)12/24/1998 3:22:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
No it is not a sign of sell- Kurlack and his followers read it all wrong- INTC is a great company it deserved better now as I see Kurlak buy and upgrade with a target of 144$ I can only say it is ironic. This is beyond me buying INTC at 125 is not the same as 65 or 71- like NOK.A 60. This thread was amongst those rare species which maintained sanity when stocks were trading at huge discounts on sale. Right now in my opinion this is an explosive move and I would like to be a part of it but not with 4 times or three times leverage, I will like out of money calls on these stocks only nothing deep in the money and I am using now 21% of any move up on my core portfolio to establish some lower protection I would hate to see losing all this nice premium in my core.. The protection and put premiums have just disappeared and it is not a bad idea to protect even as high as 1230 long puts, these levels will be seen the correction to 20 days MA will come if not in next seven days it will be towards end of Jan first wek of Feb..