How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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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 (7992)	7/29/1998 12:36:00 AM
From: Douglas Webb	Read Replies (1) of 14162

I was looking at my RSI chart, comparing it against askresearch.com, and I noticed something strange: I'm looking at BTGC, with a 14-day RSI. The links below will show you the charts, if the links work right. What I've noticed is that AskResearch's RSI chart looks just like my %b chart, which just measures where the stock closed in relation to the bands: if the stock closes on the lower band, %b is 0%, and if it closes on the upper band, %b is 100%. If AskResearch is plotting %b instead of RSI, it's going to be very misleading as an indicator. %b always hits 100% when the stock reaches the upper band. RSI does not. Can anyone confirm this? Doug. askresearch.com webbindustries.com

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