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Non-Tech : Bernie Schaeffer's - Option program
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To: William H Huebl who wrote (116)6/13/1997 3:08:00 PM
From: Mike Fredericks   of 203
 
Bill-

Re: Raff channels -

Originally you went against Bernie - he wanted to buy GE calls and you said that GE was too close to the top of its Raff channel (similar advice to what you gave me regarding one of this week's hotline picks)

Where is GE now in terms of the same Raff channel that you drew back then? Did it go outside the Raff channel or is it still inside, just closer to the top?

Where is GE now if you drew the Raff Channel now from scratch? Did the slope of the Raff channel get more positive so that it's still inside of it?

(In hindsight, Bernie probably did well with those GE calls... given your posts on the Kahuna thread, I just want to see how the Raff Channel does in predicting the upper bound for a specific stock...)

Thanks :-).

-Mike

Darned BAY up today so far. *sigh*.
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