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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: Bazmataz who wrote (7417)5/7/1998 8:14:00 PM
From: Herm  Respond to of 14162
 
Baz,

You are only confirming what I suspect the chart is currently reading. That is, there is more sideways and downward movements than upward at this time. Hence, the recommendation to write CCs at the money and bring in something in your case while you wait for GLM to shake off the weakness.

"A stock with no news or interest buying volume WILL ALWAYS FALL BY IT'S OWN WEIGHT!"