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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: Vol who wrote (5858)	11/14/1997 7:38:00 AM
From: Herm	Read Replies (3) \| Respond to of 14162

The Bollinger Bands should reach the halfway mark today and the RSI is lagging a bit. The RSI may rise above 30 today. The stock needs to gather more momentium to break $25 by next week and avoid slipping backwards. I will feel better when VVUS passes $25. For now, sit back and hold off any CCs. Agressive investors might buy CALLs (DEC. 22 1/2 or 25s) on the side. Those VVUS strike prices should be sure hits! I still expect some overhead resistance at the $30. Especially, if VVUS approaches $30 before December Let's hope that VVUS can close today above $24.00.