SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Herm who wrote (7292)4/15/1998 12:57:00 PM
From: Ofelia Cuesta   of 14162
 
Herm,

Another way in which the SecurityTrader site helped me was in learning about trading with the 13 and 26 day EMAs. Below is a chart of VVUS (rather small, hard to view). Following the rule of trading with the 13 and 26 day EMAs would have indicated exiting VVUS around end Oct. 97 or beginning Nov. 97. Although it is probable a CCer would still have incurred some losses during this turnaround period, still it would have prevented riding the stock all the way down to the $8 range where it is today.

bigcharts.com

Hope you can see the chart as it is small. The 13 day EMA (green) crosses downward the 26 day EMA (blue), late October '97 and has never been above the 26 day EMA since.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext