Replies to post #2174 on QID - QLD TRENDS (fka )

[J Kirksey]

I have been writing puts against my INTC holdings today
22.50 and 25 strikes.

The up and down flagging in semis is making the MACD case get closer to a buy signal - staticly we are 3 to 4 days away based on my probability model - basicly the decline is very long in the tooth.

As for BRCM - I just don't get it. No more buys here for now - just hold what I have and see how it react WHEN we get a rally.

[nancy2]

INTC did not make a new low either.