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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Dan Duchardt who wrote (11711)	10/22/1999 9:16:00 AM
From: Herm	Respond to of 14162

Hi Dan, IFMX Thanks folks for catching that typo I made. I stand corrected. That is the beauty of having many eyeballs looking over post and reading everything detail. I have been working double duty with the CD, website and my own investment activities. I did indicated a lower BB tag for IMFX and an up cycle has begun. A WINs BUY IFMX has been triggered. =========================================================== QUESTION FROM THE EMAIL Gary writes: Also, the IQ charts, which you link to at SI, have 10 period bollinger bands, not 20 as is described in your links on the website. Does it matter? Which is better? Thanks so much for your time, Gary. SETTING FOR BOLLINGER BANDS The Bollinger settings of 10 weeks or 20 weeks? A 10 weeks will give you a much faster near term current reading. Generally, I would say you can toggle between a 10 weeks or 20 weeks to get the best charting "profile fit" (in other words, visible tags against the upper/lower BB) for the particular stock. After all, the trading characteristics change as the float turnover (TRO) varies from one stock to another. So, a fast float turnover tech stock will most likely jive better using a 10 weeks setting vs. a slow float turnover stock. In short, it all depends on your stock. You will clearly see "the fit" when you plot the stock in the chart setting. Thanks Gary for that very good question. I will use this explanation again on the CD.