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Strategies & Market Trends : NetCurrents NTCS

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To: jchaulk who wrote (3649)	11/6/2000 11:04:30 AM
From: Jerry Olson	Read Replies (2) of 8925

sure jc..but my qcharts are down at the moment..hang on... ok it just came back up.. LU, broke above the 20 on the daily today, and gave a double top buy at 25... it has R overhead at 28/29 then again at 33/34... your best bang for your buck is the Dec 20's...LULD or the 22 1/2s...LULX...both ITM(in the money)... you'll pay about 1 1/2 premium for either one...and about a 4-5 point move will get you 50-75% profit... i would wait for CSCO's earnings after the close...

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