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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: dennis michael patterson who wrote (13485)	7/30/1998 6:07:00 PM
From: Robert Graham	Read Replies (2) of 42787

Timing on the sale of CALLs is very important. It is doubly important in this market. I think it is a bit premature to sell calls on the speculative stocks that I mentioned in my previous post. Never stand in front of a moving train. You will die most every time. Even though we are talking about speculative money, an anticipated fall can take time to unfold, and by then the stock has gone up another several points where you option can be exersized or you are force to cover at a significant loss compared to your original position. Bob Graham.

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