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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Teresa Lo who wrote (10680)5/10/1999 11:00:00 AM
From: David Wright  Read Replies (2) of 14162
 
I guess every guru has a different definition for some things. Steven Achelis, "technical Analysis From A to Z" says " The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of prices. He takes this from his read of George Appel, publisher of Systems and Forecasts, who developed the indicator. However, Jake Bernstein, author of "The Compleat Day Trader" calls it an oscillator, which is better suited for 2 to 6 day trading, than day-trading. Go figure.

I have no experience with selling naked puts, so I defer to those who do to answer the rest of your post.
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