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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (9937)	11/20/1998 10:52:00 AM
From: carolyn walder	Read Replies (1) \| Respond to of 34811

Hi Judy - Thanks for the reply. I think that people were expecting a little extra juice from the (I2O) earnings this quarter, and they "surprised" with their standard few cents over. We shall see what happens with the conference call this a.m....I am not so sure a breakout is in the cards, I have been faked with this stock several times before! I actually stopped selling puts (I was doing bull put spreads and there was just too much premium in the long position). Anticipating I2O earnings I bought FEB 30 calls after AUG expiration and have been selling short-term against them (Didn't go short this month due to earnings though) - and doing quite nicely, thank-you! All the best to you, Carolyn