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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 (10869)5/21/1999 11:04:00 PM
From: David Wright  Read Replies (3) of 14162
 
Herm,

What's with these computer stocks? GTW has the same tight zag zag as DELL. Neat chart pattern. I completely agree with your analysis of the DELL chart. I sure wish I could play DELL next week, as it turns the corner again. Both GTW and DELL, once they do turn, are worth about $8 to $10 in a week, or so. I've been watching GTW now for several months, thinking (gasp) about LEAPs and calendar spreads. Only trouble is, I don't think I can buy the LEAPs on margin, so it eats a big hole in my buying power. Maybe when I get to be a gazzioniare, like all of our lurkers. :)

Dave
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