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Strategies & Market Trends : Point and Figure Charting

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To: Jerry Olson who wrote (11170)	12/8/1998 1:41:00 PM
From: freeus	Read Replies (2) of 34816

HELP!!!!! I sold covered calls on my DELL. The 70's. Dec, so I have one week and three and a half days left. What do the charts say? I wouldnt mind selling my DELL in the IRA because I think I can buy all of it back for less than 70. But in the taxable account.....NO WAY! Anyone think DELL will close above 70 between now and Fri the 18th or on the 18th? Apparently the interest in the call shows that DELL will probably close at 65 on the 18th but am I in danger before that? Thanks for any help anyone can give. Freeus

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