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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: Rosemary who wrote (6753)8/29/1998 11:35:00 AM
From: MileHigh  Respond to of 93625
 
With regard to covered call writing, this is only a good strategy in a neutral to slightly bullish environment, in a bearish one, it is just better to sell and then re-enter at a lower price...your strategy also depends on your average share cost...JMHO!

Also, I believe we have seen a double top and will only push through $67 with significant news....Any concerned about "filling the gap" around $50 or so?? I have to check the charts. Many bought RMBS around $57-60 and dumped yesterday as we fell through this floor...

schwab.com

Long RMBS! For now

MileHigh