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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 (9368)1/6/1999 10:26:00 PM
From: virgil vancleave  Read Replies (1) of 14162
 
Just thought I would let you know that I am once again playing lhsg. Looking at the chart it is touching the upper bollinger band and also at the tope of a declining trading range with the trend being down. Not that I am bearish, but some stocks will decline even in a bullish market. This said, it appears that lhsg presents an excellent bear trap once again.

just my opinion. good luck
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