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Strategies & Market Trends : Best Option Strategies and Option Insight

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To: wiley murray who wrote (94)3/29/1998 9:56:00 AM
From: Mr.Manners  Read Replies (1) of 245
 
Hi Wiley,

If this was last yr, I'd say we could easily get to 300, but the range looks like 308-312.. if only because WFC usually moves beyond expectations either way.
I'm tryng to not listen to the usual predictors simply because this market has eradicate such movement every time someone is sure we're either going up or down.
Since WFC has earnings coming though, I believe it may move slightly down, or drop sharply then come back fairly quickly and then the rumors take over again along with earnings' expectations.. I like the Bollinger bands. But as you know with WFC, it's usually very quickly that anything at all happens when it does.
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