How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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

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To: Herm who wrote (8483)	9/7/1998 10:44:00 PM
From: virgil vancleave	of 14162

Another one that might interest you. Alo. I was thinking of it on the long side until I looked at a longer term chart. It has been here before, twice. Good short or put buying price would be at 26 or thereabouts. Look at a chart and you will know my reasons. Lots of past overhead supply. Let me know what your opinion is on this one. I have watched many time now when a stock just could not break old resistance and never taken a position. I may have to take one onthis one. Some prior examples include: file, uis, acol, and rbd recently. I know there are some more, but these are the ones which come to mind. Markets are up overseas for the second day in a row. But that doesn't mean they will be here. I think we will see a rally though. Just my opinion. good luck

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