Doctor Jack's Stock Medicine

**The Stock Girl** · 06-01-2006, 12:08 PM

Dr Jack Please come back!

I for one want Dr. Jack to return. I visited his myspace blog and I think he's totally cute!

**Rob** · 06-01-2006, 12:12 PM

Verrrry funny, whoever you are.

**Jack Haddad** · 06-01-2006, 01:26 PM

Folks, relax! I was in meetings since 7am. Now, let's trade!

**Jack Haddad** · 06-01-2006, 01:37 PM

Originally posted by Jack Haddad

Purchased 5 blocks at 63.33 and sold 500 June 62.50 calls for 2.60/contract. The stock has not participated in the recernt 3-day rally and is due for a pop-- all the reason to guarantee my deep in the money hedge and pocket a nice premium return upon June option expiration in three weeks.

Bought back 500 June 62.50 calls at 1.60 and wrote the 500 June 60 calls at 3.10

**Rob** · 06-01-2006, 01:40 PM

Cool

Originally posted by Jack Haddad

Folks, relax! I was in meetings since 7am. Now, let's trade!

Glad to hear it, Doc. Now ... about your refusal to participate in the POTW ... heh heh, just kiddin'.

**lemonjello** · 06-01-2006, 01:45 PM

You might want to include the stock symbol in the body of the post so it is quoted. There have been so many miscellaneous posts since the original.

Originally posted by Jack Haddad

Bought back 500 June 62.50 calls at 1.60 and wrote the 500 June 60 calls at 3.10

**Rob** · 06-01-2006, 01:51 PM

Ebay?

Originally posted by lemonjello

You might want to include the stock symbol in the body of the post so it is quoted. There have been so many miscellaneous posts since the original.

Jello, I had the same thought, but if I'm not mistaken, I think he's talkin' EBAY, a stock I owned for several years and did quite well with. I unloaded (I think) in April '04 in the $36 range.

**Jack Haddad** · 06-01-2006, 01:55 PM

Aapl

Originally posted by lemonjello

You might want to include the stock symbol in the body of the post so it is quoted. There have been so many miscellaneous posts since the original.

I will do so from now on...Thanks for the notice.

**Rob** · 06-01-2006, 01:59 PM

Of Course

Of course! EBAY isn't even close to that price. DUH! At least I'm still flexible enough to stick my foot in my mouth.

**Jack Haddad** · 06-01-2006, 02:46 PM

Intc

INTC's strength is the exact opposite of yesterday. weak! It cannot afford to trend down to its 17.73/17/77 lows from last week.

**spikefader** · 06-01-2006, 03:02 PM

Originally posted by Jack Haddad

INTC's strength is the exact opposite of yesterday. weak! It cannot afford to trend down to its 17.73/17/77 lows from last week.

INTC has potential to slip to 16.00 rather quickly.....and a weekly close at that level would make it start to resemble Burnt Toast.

**Jack Haddad** · 06-01-2006, 03:14 PM

I'm going to do what I hate most: speculate! I would say yesterday's and today's rally thus far are a sell. I'm going to bet on locking profits before tomorrow's resume of lower lows.

Comments/opinions?

**alice4321us** · 06-01-2006, 03:16 PM

Aapl

Originally posted by Jack Haddad

I'm going to do what I hate most: speculate! I would say yesterday's and today's rally thus far are a sell. I'm going to bet on locking profits before tomorrow's resume of lower lows.

Comments/opinions?

I think tomorrow will be a negative day. First day of the month has usually been a Green day.

AAPL seems to be topping here.

**Jack Haddad** · 06-01-2006, 03:18 PM

Originally posted by spikefader

INTC has potential to slip to 16.00 rather quickly.....and a weekly close at that level would make it start to resemble Burnt Toast.

As to technicals, a rapid drop to 16 from the current levels is not indicated. However, I could see it occuring if the company warns by reducing 2nd quarter estimates or guides lower for remainder of the year. If 17.75 is breached, next support is at 17.35 to 17.50

**Jack Haddad** · 06-01-2006, 03:47 PM

Imcl

Rob,

Your IMCL is doing nicely today. It has surpassed the 40.00 which in my opinion was the pivatol point as well as an important psychological landmark for the stock to move higher.