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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (40651)6/16/1999 2:42:00 PM
From: Yogizuna  Read Replies (1) | Respond to of 94695
 
Haim,
Yes, BS should be a buy here, but it is having a hard time trying to make it through all of the overhead trendline resistance, and CPQ is a good long term buy now in my opinion. One can also do a nice "buy/write" on CPQ, buying the stock and writing this year or next year's January 30 calls for some cash back into the account while waiting for it to recover. Yogi