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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (12276)	7/29/1998 6:22:00 PM
From: Electric	Respond to of 120523

Judy, No, I am unable to do so, I cannot do uncovered or naked writes.. I have to own the security to sell against it. I also cannot do combos etc. I ought to get approval and have that ability, but havent done so far.. That would be a great play for the upcomming months, and would make me more than I expect to make in the near term on MSFT. I am looking for this mini rally that ought to come on the bounce of these lows we are making, if MSFT retests 118 or so, I will exit it, maybe entering again on weakness. MSFT flew past 100 too fast, I wouldnt be too suprised to see it below 100 if we hit these lows that many are speaking of. It has alot of turbulent news ahead, and if there are any flaws with the trial, the stock is in trouble..