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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: FaultLine who started this subject	4/16/2002 1:58:00 PM
From: JohnM	Read Replies (2) of 5205

QCOM trading channels Anyone have any reading of the Qualcomm trading channels right now? As I look at my charts, I see a channel with a low of roughly 33-34 and a high of somewhere in the neighborhood of 42. I see two bumps up against the 42 range, one roughly in the middle of Feb, the second ditto for March. There are, I should add, a couple of trading days just slightly above that range in March. Anyone have a different reading? Same reading? I'm thinking about ccs now or in the near future and where to put the strike price.

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