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Strategies & Market Trends : Continuing the IFMX discussion and more...

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To: Robert Graham who wrote (203)9/23/1997 10:29:00 PM
From: Melissa McAuliffe   of 206
 
Bob,
I am quite pleased after reading your response that I am finally getting it, TA that is. Though not yet nearly at your level I am starting to be able to see some of these things myself. I was quite happy that I could recognize a wedge finally though I am not seeing the upwards right triangle yet. Also looking at the low volume felt something was going to break one way or the other in the near ter I know I have said this numerous times but thank you so very much for your time, patience and especially your willingness to share your knowledge with others.

I am waiting for the stock to move up so I can sell some more covered calls. This seems like a nice little way to make some money on this stock and is something you have mentioned before as a strategy. I also still have some Oct 60's which I hope will turn out to be profitable. If I had been better at TA I probably would have waited to buy them but unfortunately that was not the case at the time.

Melissa
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