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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: Jonathan Thomas who wrote (12197)1/19/2000 3:01:00 PM
From: Ken Adams  Read Replies (3) | Respond to of 14162
 
Ryan,

I hope I'm wrong here, for your investment's sake. But take a look at this chart and decide where the next probable support might be.

ROST: siliconinvestor.com

Looks to me like the 95 lows around 2.50, give or take.

Ken



To: Jonathan Thomas who wrote (12197)1/19/2000 4:05:00 PM
From: jw  Read Replies (1) | Respond to of 14162
 
JT, jw wishes he has the answer. He's sitting on 1K @23 9/16.
Picked up 1 3/16 on an early CC. Uncovered now. jw is SICK.
Herm said write 2/3 months out, use Short The Box. jw did neither :(

QCharts shows ROST 88,583 Shs.Outstanding, Short Int. 1,400.
Float 69,900 (is this the trouble?), Book Value 4.0804, Dividend
Yield 1.06, Institutional Owned % 95.001, Inside Owned% 21.055
(this doesn't add up).

jw BAD sick after reading Ken's prior post, LOL.

Re-Reading Robert Wiest's You Can't Lose Trading Commodities,
seeing if jw can substitute Stocks For Commodities.

Regards, /jw