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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 (8570)9/15/1998 11:30:00 AM
From: mc  Read Replies (1) of 14162
 
Herm, what settings are you using on TNSI for RSI and BB? With the RSI at a period of 14 it is at 70+ and rising. The BBs with period 9 and std 2 show the price still pushing up the upper band.

I guess my question is, why didn't you all weight for the train to stop before you tried to get on? Wouldn't you normally wait for a reversal in the RSI and a bounce down from the upper BB before entering the put positions?

Thanks,
Gary
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