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Strategies & Market Trends : Stochastics -- Ignore unavailable to you. Want to Upgrade?

To: TLindt who wrote (358)	3/19/1998 9:28:00 AM
From: Wayners	Read Replies (1) \| Respond to of 927

I think the uptrend on CKFR is great. All I'm saying is sell at $25 and try to buy back in at support of about $23 to $23.75 and then ride it up past $25. If that's too much trading or you are afraid you'll get the timing wrong, just hold it. Some people feel more comortable just writing the $25 calls with the good possibility of getting called out. Its like selling CKFR at $27 or there abouts which is within $0.50 of the next higher resistance level. That's a good play.