Intel Corp (INTC)

[Elmer Phud]

Borusa

I still hold INTC but not enough to cover the naked calls I sold. I just don't see this market turning to the upside in any meaningful way in the foreseeable future. I am very confident in Intel's technology and future but that doesn't always equate to share price as we all know.

As for AMD, I learned long ago that there is always another sucker who is willing to take the place of the last guy who lost a bundle waiting for AMD to make it big. It's a psychology thing. Some people just can't resist a loser. Kind of like the battered wife syndrome. So at these prices there are lots of losers standing in line to throw away their money proping up this disaster. If they are so desperate to lose their money then who am I to deny them this opportunity? It's the least I can do...

EP