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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 (8028)8/1/1998 4:23:00 PM
From: Bob Smith  Read Replies (1) of 14162
 
Herm

<<CPQ CPQ looks like it will tag upper BB at $35 before going downward.
Why? Price above RSI 50 and that lower BB is confirms the upper BB as
up right slant. Strange, but look at the recent history of CPQ and it
has occured before.

bigcharts.com;

Thank you for your reply.

I'm new to this. Does CPQ's trend look very similar to Feb's performance. A very similar story can be said, but it really dropped.

Bob (aka Jim Smith :-))
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