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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: hpeace who wrote (1322)	3/18/1997 3:49:00 PM
From: Robert Graham	of 14162

Even though a top appeard to be forming, I was expecting the positive earnings report to help spike the price up at its top. There definitely was the potential there for it to hit 30. Then again this is not the first downward price reaction that I have seen to anticipated good news that was already reflected in the price of the stock. Profit taking time since the stock has been performing very well on its uptrend.

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