Oil Service Strong
size=”2″ face=”Arial, Helvetica”>For those of you planning
to attend the TradingMarkets2000 First Annual Traders
Conference at the Venetian Resort, Hotel & Casino in Las
Vegas on October 13-15, I’ll be speaking on Saturday
afternoon following Jay Leno. I’ll also be at the cocktail
party Friday night. Sign up soon, as space is limited.
face=”Arial, Helvetica”>Quest Diagnostics [DGX |DGX], on theÂ Pullbacks
Off Highs List,face=”Arial, Helvetica”> mayÂ present an opportunity for
covered calls. You can buy the stock for 125 3/4, and you can
sell the October 135 calls for 6 1/2. This represents
approximately a 12% return (more than 110% annualized, based
on 39 days until expiration) should the stock be called
On the short side,
PowerRating), mentioned recently, can’t seem to rally even in
the face of overall poor market conditions. In other words, one would think that
you would see a flight to quality here. Look for buying opportunities in puts
and put spreads here.
of luck with your trading on Tuesday!
Protective stops on every trade!