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Strategies & Market Trends : The Covered Calls for Dummies Thread
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From: Jerome3/3/2007 2:53:22 PM
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Some Options for next week.....

Down markets provide as many opportunities as up markets. We are somewhere near a bottom, and perhaps a dead cat bounce.

With available funds I would buy and consider the following positions.

WFC  at 34.44 (Wells Fargo)

GE at   34.83

CHK at  29.89 (Chesapeake Energy)

HAL at  31.05  (Haliburton)

GM at   30.62    

What all of these companies have in common is...
very good earnings, past and future, 
which the recent market downdraft
totally ignored. 
I would not expect much further downside
in any of these. 


JMO...Jerome
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