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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: Seyda who wrote (8020)	8/1/1998 11:21:00 AM
From: Herm	Read Replies (2) \| Respond to of 14162

Thanks Seyda! The action yesterday afternoon in SMOD was exciting. HEAVY buy blocks in the afternoon boosted the price way up. Lots of hype out there about SMOD before the carpet is pulled away once again! Everything points to a so-so to negative quarter and the stock is jumping up too fast. TIMBER......watch out below! I have never never seen a stock bounce off a bottom and not test that bottom again. Bottom fishing investors dump stock with those nice gains and everyone else shorts the heck out of them because they know they can get away with it!