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

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To: robwin who wrote (13117)8/6/2000 9:37:46 AM
From: jaytee  Read Replies (1) of 14162
 
Hi again Robwin:
lesson 1: I'm no Herm Lesson 2: learn to read charts, as they will tell you the same things Herm will. Lesson 3: Send up a flare and call out to Herm . . . when crystal ball is cloudy.
check out: siliconinvestor.com
looks like BB are opening up wide and trend is going to continue. RS is going down, OBV looks like it has been raging . . . but is going down; the STO is tanking big time

It looks like this may be a nice partner for one's dance card (according to VECTOR VEST). . . but NOT NOW, in my opinion.
May have been a good CC play if you had gotten on the train earlier and sold cc's against . . . and perhaps bought back at these levels (current/ unfolding market trend) and looked at going again.

Just curious. . . how much do you follow this stock? When is there earnings? etc Any bad news impending?
Again, just my opinion (worth 2 cts. before inflationary factors)
jaytee
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