Good Insurance

Just
a reminder, I’ll be speaking on the afternoon of Saturday October 14th at the TradingMarkets2000 First Annual Traders
Conference
. I’ll also be available for one-hour private workshop held later
that day.

I’m pleased to announce that we recently launched the Trader’s
Galleria
. Check it out, there you’ll find books, software, trading courses,
computers and just about everything else a trader needs to be successful. You
can even pre-order my upcoming book on swing
trading
at a 20% discount.

face=”Arial, Helvetica”>Aviron
(
AVIR |
Quote |
Chart |
News |
PowerRating)
, mentioned Thursday night and
on the Pullbacks
Off Highs List
, may still provide an opportunity for
covered calls. You can buy the stock for 52 7/8 and sell the November 60 calls
for 4 7/8. This represents
approximately a 23% return (more than 150% annualized, based
on 43 days until expiration) should the stock be called
away.

face=”Arial, Helvetica”>src=”https://tradingmarkets.com/media/images/Landry/avir092200.gif”
width=”470″ height=”320″>

Insurance
(
$IUX.X |
Quote |
Chart |
News |
PowerRating)
, mentioned recently, appears to be resuming its uptrend. Look
for buying opportunities in calls and call spreads here.

face=”Arial, Helvetica”>src=”https://tradingmarkets.com/media/images/Landry/iux092200.gif”
width=”470″ height=”320″>

Broker/dealer
(
$XBD.X |
Quote |
Chart |
News |
PowerRating)
appears to be stabilizing in a deep pullback. Ditto for banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating)
.
Look for buying opportunities in calls and call spreads here.

Best
of luck with your trading on Monday!

P.S. Reminder:
Protective stops on every trade!