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

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To: CENTrader who wrote (1923)4/28/1997 4:14:00 PM
From: Herm   of 14162
 
Hey Bill,

You're right about the steady decline in TECD price. It had a jump last week only to be wiped out by the ongoing technology flushout. The stock is bouncing around $21-$23 which appears to be the solid bottom. The last quarterly report was pretty good! The market is a crazy place!

If you can wait and have a strong stomach then go for it. The premies on TECD are the pits right now! The long term holders (three to five years) I have spoken to are still staying with the stock. Indeed, over the past years this stock has come through.
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