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Strategies & Market Trends : Advanced Option Strategies
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To: OX who wrote (306)2/10/2000 1:03:00 PM
From: tyc:>   of 355
 
In my original proposal I said I would remove the hedge when the stock climbs to within 1 SD of the 50 day MA. Right now I believe that is about $39. I will also remove the hedge and even go long when the technical indicators I use all give a buy signal. These indicators are MACD, RSI (6-bar; climbing above 50%) and stochastics. None give a buy signal yet .

And I might also remove the hedge to "prevent a profit becoming a loss".

(I must say, playing with paper trades sure seems easier than real life !)
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