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 (12202)	1/19/2000 7:27:00 PM
From: Dan Duchardt	Read Replies (1) of 14162

Herm, Ken, & Ryan While they certainly give a different visual impression, both linear and log charts should be OK for finding support levels. The real problem I see is that neither of these charts has been adjusted for the recent split. The next support is actually at 11_5/8 from October 1998. (My wacko data service does do some things right :) ) By the way Herm, I don't think you have to post in fixed font when you include a link as you said to someone in another message. I never do that. Maybe that was only a restriction in a former era of SI. Dan ED: It's probably also worth noting that in 1995, the P/E ratio of ROST never got much lower than it is right now, even when it was down around $2.50 ($5 then I think).

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