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Technology Stocks : Kulicke and Soffa
KLIC 46.67+2.2%12:31 PM EST

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To: marquis103 who wrote (3345)5/25/1999 8:13:00 PM
From: Jerome  Read Replies (2) of 5482
 
"Hate these kind of days" With these kind of days there is some opportunity.
If you believe that KLIC will rally above 20 in the next few days consider writing a June 20 call at a limit of 2.

Keep in mind that if KLIC falls further so will the option premium.

My guess is that KLIC will rally sometimes in the next 5 trading days. Pre-holiday trading is a plus and so is the end of the month trading.

Your library may have the Book "Stock Market Logic" I forgot the authors name. In in he discusses seasonality factors and how they effect stock prices. The market is most likely to be up the second day before a holiday. His book covers 50 years of stock market action, even to the point of what happened to stocks when the market was shut down for a few years in the early part of this century.

Good Trading, Jerome
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