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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (10663)12/1/1997 8:29:00 AM
From: Jerry Olson  Read Replies (2) of 94695
 
Morning Bill

FWIW, i've been looking at SUNW as well....

Value Line has them as a naked call buy the Dec 30's--Jan 45-43 & Apr 55...As well they have them as a naked put sell!!! The Jan 28's & get this the Jan 45's!!!

This is a very bullish posture on this stock...It looks like it wants to go higher..

I'm very bullish on the market too<g>...The Asian debacle is turning now into potential BIG gains for US companys...The FED is a non-event anymore, and we should rally to new highs in the next 2 months...

The 2 beaten up sectors to play IMO are the semis & semis equip makers & the drillers...We will be looking at these stocks 6-12 months from now as pure doubles...I like KLIC-AMAT-KLAC-& CDG-RDC-RIG...

Good trading to you and all that live here :>}.. Regards Jerry
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