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Strategies & Market Trends : Best Option Strategies and Option Insight

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To: donald sew who wrote (65)	3/25/1998 8:20:00 AM
From: Mr.Manners	Read Replies (1) of 245

Hi Don, There are always rumors surrounding WFC. Maybe they're more public than with some other companies simply because Buffett owns a percentage. I agree with you about the 335-340 resistance, but at some time this malingering around this area has to change and make some direction clear. The last time it did this, it made another 10 points by the time it settled back. The other things are that I've found that DLJ has great picks; and even though they lowered their 12 month target a month or so ago from 440 to 419, they have still maintained a great record in the stocks I've tracked that they've been picking. Plus I believe WFC earnings must be due soon. I've also been tracking CPWR - didn't get in, and I picked it last week for a move which it made yesterday. Also like CBR, ANF, and DSTM (though this one is iffy at this time). Looks like the oil/gas/natural gas may be up today and I'm wondering about an OSX put ahead of the big OPEC meeting on Monday. They can bellow and roar, maybe cut back production and sound tough about it, but there's still a glut. Have you been considering any calls on the JPN index?

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