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

To: The Jedi who wrote (12430)	1/10/1999 3:46:00 PM
From: Judy	Read Replies (2) \| Respond to of 34810

Kiri, your point about better leverage with out of the money calls is well taken, but my preference is to maximize the probability of success with at the money calls. But then again, I'd also tend to sell in-the-money puts on a good pullback rather than buy calls unless the run looks to be strong with a decent probability. With this in mind, CPWR Mar 70c on pullback to mid/high 60's looks good with first target of 77-78 and second target of 90ish. TER, target of 60 looks achieveable. No opinion on the small cap 600, I don't follow many indices.