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

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To: Herm who wrote (6342)1/12/1998 1:01:00 AM
From: Douglas Webb  Read Replies (2) of 14162
 
Important notice about my Three Line Break chart:

I've updated the code somewhat, both to correct small errors and to indicate buy/sell points. Lines are drawn at the expected buy/sell prices, which may be opening prices or intra-day prices. It's assumed that each night you would look at the chart to determine the trigger price for the next signal, and place an appropriate stop order.

There's also a history shown beneath the chart which shows the results of following this trading method, given certain assumptions (which are stated). If anyone notices any discrepancies in this history (like signals outside the day's trading range) please let me know so I can fix it.

Here's the link, in case you haven't bookmarked it yet:
webbindustries.com

Doug.
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