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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Herm who wrote (11644)	10/8/1999 2:22:00 PM
From: Dan Duchardt	Read Replies (1) \| Respond to of 14162

Herm, after the ROST run up yesterday, you and other lurkers on this forum must have smiles from ear to ear Yes, but this stock has a way of making those smiles short lived. Talk about VIPERs, this thing gives back every gain in a heartbeat. Fortunately, so far at least, it eventually surges again. At the moment it looks like I have a sure profit, so I can afford to wait for a return to the recent high range. If it get's there, I just might bail out too. These crazy swings make this a better daytrading stock than a CC stock, IMO. One thing I've noticed is that every time ROST starts to take off, the MMs post a block print below market. They may be doing it within the legal time limit, but it sure looks like an attempt to hold it down. I hope that means at some point they will have accumulated all the stock they want and will let it fly to take their profits. Dan