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

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To: Douglas Webb who wrote (6363)1/10/1998 11:56:00 AM
From: Electric  Read Replies (1) of 14162
 
Doug,

I have a question about your tool, and I think it is a good tool btw..

How soon does it generate the box, can it be intra-day? Is there a way that it can be generated before the close? It looks like each box represents a day's trading and my question is this.. Say that last November when i lost my a** trading options on TXN, could I have known before the BIG drop that it was going to occur? Or is the chart merely a "If the stock closes above its previous 3 days trading" chart.

Also I have read about candlesticks, do you have an explanatory page on that chart?

What I am asking in conclusion is, is the chart more than merely a look at if a stock closes above its previous 3 sessions?

Thanks,

Electric
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