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

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To: JimsJeeps who wrote (11168)	7/8/1999 10:18:00 AM
From: Herm	Read Replies (1) of 14162

In retrospect Jim, you caught that bottom bounce off the lower BB perfectly. BTGC is starting to catch some upward steam and you are sitting pretty. The chart last night is showing signs of a divergence between the upper and lower BB. Higher price is to be expected. IFMX still grooving and I picked up another 100 shares on the dip this morning. My portfolio capital appreciation and IFMX CC premies I sold gave me enough margin reserves for my comfort level. I will wait and later and see where IFMX will level off before I go deep on the next IFMX CC.

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