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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: Herm who wrote (12202)1/19/2000 7:27:00 PM
From: Dan Duchardt  Read Replies (1) | Respond to of 14162
 
Herm, Ken, & Ryan

While they certainly give a different visual impression, both linear and log charts should be OK for finding support levels. The real problem I see is that neither of these charts has been adjusted for the recent split. The next support is actually at 11_5/8 from October 1998. (My wacko data service does do some things right :) )

By the way Herm, I don't think you have to post in fixed font when you include a link as you said to someone in another message. I never do that. Maybe that was only a restriction in a former era of SI.

Dan

ED: It's probably also worth noting that in 1995, the P/E ratio of ROST never got much lower than it is right now, even when it was down around $2.50 ($5 then I think).



To: Herm who wrote (12202)1/19/2000 8:30:00 PM
From: Ken Adams  Read Replies (2) | Respond to of 14162
 
Herm,

I'd agree with you that your chart shows support in the 10 area. It's a longer view than I posted (my mistake), but the support would have been evident on either type of chart.

Still, to be long right now is too early. As you mentioned, this is a good opportunity for some puts. At least right now.

Ken



To: Herm who wrote (12202)1/24/2000 12:28:00 PM
From: steve  Read Replies (1) | Respond to of 14162
 
Could somebody suggest a good sight to get option quotes, as well a sight to find option symbols
thanks in advance