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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: Joseph F. Hubel who wrote (8680)9/24/1998 8:33:00 AM
From: Herm  Respond to of 14162
 
QWST will most likely continue to climb on less volume each day and smaller gains as the fading starts (selling into the buying by the late comers) in. Profit taking, shorting will eventually stall the QWST climb. Don't cover your CCs. Position yourself for the pull back with cheap PUTs and perhaps even short the sucker. You really don't lose by shorting against the box.