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: Herm who wrote (8962)	11/7/1998 3:14:00 PM
From: Johndee	of 14162

Right on Herm. The reason I was so far down on ANDW was that as soon as I bought it, the whole Market took a dump. Had I noticed that the RSI, back in Jan hit about 71, then in April only to 63, I would have taken more pre-caution using a defensive move. Thanks to you, Doug, and a few others, I hope to graduate from the College of hard knocks. <g> I have a few others coming back also. One that,s almost there, but looks like it might be turning down is CREAF. They're planning on buying shares back, so I don't know what's going to happen. Johndee

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