SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Casaubon who wrote (9817)3/1/1999 11:25:00 PM
From: virgil vancleave  Read Replies (2) of 14162
 
My ideas and reasoning. First, take a look at the advance/decline line. Very ugly and getting worse. Second, look at the number of new lows verse new highs. that is ugly also. Lastly, watch the leaders. The internet leaders have faltered lately and some of the others are looking weak.
Now, look at some charts and you will see what I mean. More stocks (70 %) are trading below their 200 day moving average. OUCH.
But then again, this is just my opinion.

Now for my short watch list of high flyers starting to show weakness. AEIS ALTR AMCC ANN ASTE BBY BVSN CACS CBXC CDWC CHTT COF COLTY CREE CSGS DELL DRIV EFII ELNK EMC EXDS FLEX GEOC GLIA HLYW INKT INSS ITVU JBL LCOS LGTO LU LVCI LXK MACR MNMD MU MWHS NITE NOKA NSIT NTAP ONSL ORCL PLCM PMCS PRGN PVN QLGC QLTIF RATL RESM RMBS RNWK SANM SCH SEEK SEPR SMTC SUNW THQI TWRS

For charts, go to yhoo. The list is too long to post it as a link.

And lastly, some I like on the long side for possible covered calls.

quote.yahoo.com

Hope this gives some ideas. As I said, it is my opinion that we are seeing the start of a 10 to 25 percent down correction or maybe even a "bear" market. One last short prospect..... dell.

good luck and happy trading. The market will always present us with new opportunites.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News