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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: Scott who wrote (9609)2/8/1999 5:12:00 PM
From: Herm  Read Replies (2) | Respond to of 14162
 
Sounds Good Scott!

As a side note! Today, marks two years since I started this forum.
I have learned a great deal about investing and I hope our readers
have too! We will continue to learn more and make money together.

Take a look at TECD. After major dump down to $22 (creating a
bargain last week) today TECD closed at 25 +1 3/8 +5.82% with
3,032,100 shares. That's a nice 14% increase in a week and it looks
like a clear shot up to $30 from here.

askresearch.com

It also helps TECD that two buy recommendations have been made:
biz.yahoo.com



To: Scott who wrote (9609)2/13/1999 12:50:00 AM
From: NateC  Read Replies (1) | Respond to of 14162
 
Scott
you wrote ...
"If you look at the 5 year chart for S, you'll see support at 40, and a trading range of
40-60. If 40 doesn't hold, then it could slide down to the low 20s, which is where it
was 5 years ago. But, it looks like it's worth a shot here, so I picked some up. I'm
not going to CC it while it's at the bottom of its 3 year trading range. I'll wait until it
rises a bit, or stop out if it falls."

I'm not sure I understand your rationale......Do you mean that you don't want to CC it...because the premium is not good...until it starts up. Why not get in for, say March...right now...because you'll get more time premium...than if you wait another week or two?