How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Herm who wrote (9571)	2/3/1999 3:11:00 PM
From: virgil vancleave	Read Replies (1) of 14162

I restablished some trading long positions today. Only looking for small profits for the next few days as they bounce off of support levels. Bought a few hundred shares of cube at 20 1/8 (200 dma at 20 which is where very strong suport is at) and 500 shares of amkr which I got at 11. 11 is the bottom of amkr's channel line now if you are looking at a chart. Unfortunately, it has resistance at 12, which is around where I plan to sell. Just thought I should keep you all updated. Fed did not raise rates which is good for the short term for stocks. good luck

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