June 24, 2009

Option trading strategies - The primary factor in their price recovery was a substantial slacking of economic growth in the 1960-61 period.

Despite this price recovery, many high-quality issues such as the ten "discount bonds" recommended by the October 5, 1960, edition of Financial World were found still selling at fairly wide discount from par. They were: Alabama Power 3½'s, 1972; American Tel. & Tel. 2¾'s, 1975; American Tobacco 3's, 1969; Cleveland Elec. Ilium. 3's, 1970; General Motors Acceptance 3's, 1969; Minneapolis-Honeywell 3.

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