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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (37064)	8/9/2003 7:53:18 PM
From: Box-By-The-Riviera™	Respond to of 74559

not until they exceed the upper bb baby. they may not this time.

To: Haim R. Branisteanu who wrote (37064)	8/9/2003 9:58:26 PM
From: BubbaFred	Read Replies (1) \| Respond to of 74559

From technicals, the breakout above 35 was confirmed, i.e. no negative divergence. For writing Jan or March 35 puts, the premium will hardly change (maybe by 0.10 or 0.15) if NEM bounces between 36 and 38. Most of the premium is for the 7 months time.