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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: rkf who wrote (5826)	11/11/1997 9:55:00 PM
From: Vol	Read Replies (3) \| Respond to of 14162

Herm, Doug, others: Thread getting quiet lately. Must be b/c everyone is licking their wounds from the latest tech wreck (like I am). VVUS did look good today. It needs some sustained release MUSE to help KEEP IT UP! ggg Remember some of y'all talking about UGLY and INVN before. Both are setting new 52 weeks lows, and I can't exactly figure out why. Don't own either, but I may diversify some of my tech money to either or both if/when I get called out next week. Any word on either? Vol

To: rkf who wrote (5826)	11/12/1997 9:20:00 AM
From: Herm	Respond to of 14162

Well Kent, The VVUS Nov. calls are dirt cheap at current levels and the December VVUS calls under $30 should payoff. VVUS demonstrated a strange bottoming out at $20.00. This week should tell the rest of the story if we can continue the reversal which began really yesterday on light volume. I covered yesterday at the close and low. The MACD indicator has been fairly accurate in pinpointing the long buy signals in VVUS. It's about to signal a buy. The RSI is trying to cross over the 30 and the stock price has bounced off the 10-day lower Bollinger Band. This baby should fire up this week!