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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: Ken Adams who wrote (11889)	11/23/1999 10:41:00 PM
From: virgil vancleave	Respond to of 14162

There are excelent candidates for writing calls listed at coveredcalls.com I check it near every day, then do some more in depth research which sometimes takes me some time. I also look at charts both long and short term to check the technical analysis side. I try to avoid stocks in a steady downtrend unless the fundamentals are too good. I did buy 2 new stocks today. nmgc and cygn. cygn has no debt and near 4 dollars per share in cash with no debt. it is at 9 1/2 and has good call premiums, and looks fine technically, with price near the high, and resting near support levels. nmgc chart doesn't look so good, but the fundamentals look too good. It is just above support (long term) which is around 9 to 9 1/4 level, has over $3 per share in cash, no debt, profitable, and just recently reported .16 per share earnings. stock is just unloved by the street. Calls have ok premiums, but a bounce back to the 10 level is the goal for covered positions. these are just a couple I found and like. I also own some hdc calls (sideshow) and seeing their earnings tonight, I am pretty sure I will make money on them. I have followed hdc ever since they bought my company called zcon a few years ago. I expect it to make new highs tomorrow and possibly all time highs soon. Word is that tyc which offered them 75 a share a few years ago is snooping around again and may be interested in buying. Hope this helps and if you have any questions, feel free to ask. I will be gone for a few days for thanksgiving, but will be checking again sunday, since this is my favorite thread. good luck

To: Ken Adams who wrote (11889)	11/24/1999 9:50:00 AM
From: Herm	Read Replies (1) \| Respond to of 14162

Hi Ken, I took a vacation day today to work on my project and decided to take a break. I'm aware of your excellent charting program. Personally, I dished out good money and picked up the full blown SuperCharts many years ago and had chart data feeds out the wee-yang. My personal experience? You don't need those expensive stock charting programs when you can get EVERYTHING on the internet for free. I have not used my SuperCharts in a very long time and I no longer get the feeds. I would be glad to sell it cheap to anyone reading this. I do get streaming updates live feeds on my online brokerage account which gives me news, charting, and stock/option prices. That is enough information overload for me. The problem you run into with Metastock and other programs out there is that they don't teach you squat about how to apply several indicators. The last time I looked at Metastock it plotted some 200+ indicators. WOW! Heck, you only need three or four collaborating indicators to get the job done. You need to be around other users that can teach you how to read the charts and the indicators. That aspect of investing is perhaps the hardest if you are isolated at home. Technical analyst is more of an art than a science. I have never met anyone that effectively used those expensive chart programs. I have met plenty that used the simple browser and accessed freebies on the internet. Figure that out??? Here are the links on finding stocks. siliconinvestor.com

To: Ken Adams who wrote (11889)	11/24/1999 9:56:00 AM
From: jaytee	Respond to of 14162

Ken: also meant to mention Investor's business Daily . . . great for a reference, and METHODOLOGY. Also, you'll find that it has some influence (its articles on prospects) in pushing stocks up. jaytee

To: Ken Adams who wrote (11889)	11/27/1999 9:47:00 AM
From: jaytee	Read Replies (1) \| Respond to of 14162

Ken, Any feelings about your Metastock yet? I was looking into it. Who do you use for a data feed . . . and do you do it end of day? May I suggest to you, a book to check out? Cyberinvesting. Author is David L. Brown & Kassandra Bentley ("A Marketplace Book")2nd edition published by Wiley. Its focus is purely on "building" scans (much like the ones you want for "basing" stocks, etc. ) to find candidates to look at in your Metastock. Chapter 9 deals with "floors and ceilings" (basing & breaking thru) I'd be interested in knowing about your progress, as I am considering your metastock vs. supercharts or the full blown tradestation pkg. If you wouldn't mind. . . what led you to choose this product over others? Jaytee