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Strategies & Market Trends : Canadian Market Direction
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To: thebeach who wrote (19)6/9/1997 2:18:00 AM
From: william smith   of 35
 
My view on NNC before this resent run-up was it is a buy between $38-$44 CND, a hold between 44-48 and a sell above 48. Now my view is a sell above 55 and a buy below 48. NNC will trade at $44 cnd again before the end of 1997. But than again I may be wrong!! Will A long term NNC player! NNC is one of the best covered call plays on the TSE. I also like HUM and CCO for covered calls.
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