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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: Rick C. who wrote (12802)5/26/2000 10:51:00 AM
From: Herm  Read Replies (1) | Respond to of 14162
 
ALL is reacting very predictable according to the
historical chart patterns. Take a look at the daily profile
for ALL. If you draw a horizontal line at $30 you can see
all the folks that paid $30 to $33 and are just waiting to
dump ALL for the first time since Oct. to Nov. 1999. ALL
would need to overcome that overhead price resistance with
some big news or hype! The AIG takeover/merger was just the
ticket. I'm still long with a few JAN02 LEAPs and I'm
milking the July 30 spreads.

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