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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Mathemagician who wrote (2585)10/6/2001 5:43:12 PM
From: Uncle Frank  Read Replies (1) of 5205
 
I just eyeballed it, Mage, and thought it looked butt ugly because it went down, down, down, and then had a sharply up tail for the last few days. If I were looking to trade it, I suppose I'd look for breaks in support levels, such as 50 day ema, double bottoms, stochastics, etc. But I'm not a smart trader - just a dummy covered call writer.

Did you like the chart?

uf
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