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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Fiondella who wrote (76460)3/16/1999 2:47:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 186894
 
do you know what the word scalp means in trading?

i will short and go long all day long in intc....1/4 point here and a 1/4 point there.....i'm day trading the stock not falling in love with it



To: Paul Fiondella who wrote (76460)3/16/1999 2:59:00 PM
From: Mary Cluney  Read Replies (1) | Respond to of 186894
 
Paul,>>>No one in their right mind shorts a stock for 1/4 point<<<

This guy was posting on another thread at 12:45 that Intel was going into the teens - then at 2pm he's telling us he got out for a 1/4 point. Intel never went below 120 between 12:45 and 2:00pm. So, if he is not bs'ing us, he is bs'ing his followers - which would be even worse.

He's telling his followers to short INTC, because it is going into the teens, and he gets out above that. Now what happened in that period of time that told him to get out. Something doesn't add up. This guys ego is out of control.

The same thing happened the last time he appear on these boards, Intel made a major move up.

Mary