How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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

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To: John B. who wrote (4581)	9/9/1997 8:28:00 PM
From: Herm	of 14162

Thanks to Gary S. for turning me on to a new super web site with interactive technical charting which is super quick. I'm almost afraid to list it! CREAF is just starting to gather up steam in the RSI and the price will touch the upper Bollinger Band at around $24-$25. It is starting to curve upwards which is a good sign. We are good for a while. This will work out perfectly with the Oct. earnings report. Today CREAF racked up some nice points. I would hold off writing any CCs until the RSI passes 70 and touches the upper Bollinger Band. Call buyers should look at the October 20s or 22 1/2. Enjoy! stockwizard.com TECD is very overextended big time. Watch Friday's rush out as a profit taking sets in.

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