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Strategies & Market Trends : Canadian Options
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To: Goldberry who wrote (126)2/3/1997 1:00:00 PM
From: william smith   of 1598
 
I'm watch the trend. This is a nice down move and I'm going to let the market tell me when this is a good buy. Everyone is just waiting. It is like fishing. You wait to set the hook!! I'll buy the stock and set a price I want to lock in at and sell calls. I agree $60 my low point. If I buy 1000 share I'll lock in same month options or if I buy 500 share than I'll lock in 2 or 3 months down the road.

Will

P.S. Mitel still on a down trend (slight, but down)
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