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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: tuck who wrote (11871)11/21/1999 9:38:00 AM
From: Herm   of 14162
 
Thanks for the kind wordss. Nice to hear you still growing,
learning, and prosperous. As far as champagne? Well, may I
suggest giving a little something to a charity or church of
your choice as your toast to better days ahead. I have been
blessed with much and can't explain in words the benefits
of giving to others. All I can say is it will change you!
It works like I know WINs works! :-)

ROST

I plotted ROST for the past 48 months using the 200-day
moving average. You will note that ROST has bounced off the
200-day moving average on three different occasions. This
is the second drop below the ROST 200-day moving average.
Price support is around $15 to $18. A drop below that would
signal a serious problem. Other factors? Very low RSI, OBV
moving sideways, Stocastics just about ready to go positive.
All you need is a high volume day to signal a turning point.

askresearch.com
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