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


To: Steve Fancy who wrote (76731)3/18/1999 2:59:00 PM
From: Paul Fiondella  Respond to of 186894
 
IF the fireworks happen they will be sudden

and spectacular. Talk about riding the tiger's tail.



To: Steve Fancy who wrote (76731)3/18/1999 4:11:00 PM
From: Paul Fiondella  Read Replies (1) | Respond to of 186894
 
Aftermath

Well yesterday the stock was driven down by selling in the last hour and today a similar pattern developed --- the difference is that yesterday the sell program succeeded in driving almost all of the gain in the stock down for the close and today the sell program failed.

That may mean that the sellers are losing strength. They may be losing their ability to move the stock down. There still appears to be some real resistance to an upward move at 122 1/4 where the sell programs kicked in.

Looks like the 120 Calls will finish in the money.