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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: virgil vancleave who wrote (11898)	11/25/1999 12:52:00 PM
From: jaytee	Respond to of 14162

Virgil: Thanks for the explanation, and your time. All the best. jaytee

To: virgil vancleave who wrote (11898)	11/28/1999 12:12:00 PM
From: jaytee	Read Replies (1) \| Respond to of 14162

Virgil and others: How does one view a chart (daily) when considering a call (to buy) when its weekly chart seems to be contradicting its indicators? Is that just because the weekly depiction hasn't "caught up" with the recent (daily) action? Note: the conflicting "picture" on KIDE's weekly vs. daily chart @IQC.com iqc.com considering: iukbn KIDE feb 70's 2. An Option Play on Pokemon (KIDE) Pokemon is a current favorite of children worldwide. That means big business for 4Kids Entertainment (KIDE), so big that option investor Bernie Schaeffer recommends an option play on the stock. "Pokemon royalties (are) pouring in from all fronts," Schaeffer reports, and this is drove 4Kids' Q3 net income 16x higher than the same quarter last year. The contrarian Schaeffer is pleased at media reports that the Pokemon craze has peaked, since he believes media sentiment is a contrary sentiment indicator. "There may still be more to come from this bonanza," he says. Stock in 4Kids exploded 660% since a mid-June low, Schaeffer notes. Though shares consolidated some over the past two weeks, they rebounded off of tremendous support from their 10- week moving average. That trendline has reined in every weekly closing price for KIDE since early July, Schaeffer reports. Schaeffer's relative strength measurements for KIDE show the stock is near a support level at its 10-week moving average. He goes on to say that shares appear oversold and predicts buying strength will grow soon. Schaeffer recommends buying the February 70 call (IUKBN). any thoughts from anyone on the forum appreciated jaytee