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

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To: Uncle Frank who wrote (13588)2/5/2001 2:41:42 PM
From: Victoria Walley  Read Replies (1) of 14162
 
My .02 - QCOM looks like it is hitting resistance at 90 after making a second attempt. Judging by BBs, Stochastics, and RSI, it looks like it is due to pull back. I'm no expert chartist but that's my take. I'm not one to chase after a stock that runs away but it doesn't look like that is what's happening here. I'll roll up and out when I can do so at no cost or at a profit, but I don't usually do it on volatile tech stocks. I would just let it get called away from me and seek another opportunity. Especially in an IRA, where I am not concerned with gains. Hopefully, that is accomplished at a profit as well. What do you need to repair?
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