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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 (12273)	1/27/2000 7:14:00 PM
From: Dan Duchardt	Read Replies (2) \| Respond to of 14162

Ryan, It's a crazy market, for sure. IFMX couldn't even hold a gain today after it's good earnings. I own some CPWR, which reported better than expected earnings a few days ago, after already getting beat down from 40 to the upper 20s. Figure that good news would lift them back up. NOT! Today CPWR touched 20, a 50% drop in a couple of weeks on a stock that is making money and beat estimates. And then there is poor DELL, which expects revenues to be up ONLY 38% and earnings up ONLY 28% compared to last year, recently surpassed CPQ as the number 1 seller in the USA, so it is now selling below last year's prices. You may yet have an opportunity grab some IFMX well below current levels. Dan