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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Id who wrote (500)5/10/2001 12:12:57 PM
From: FaultLine  Read Replies (1) | Respond to of 5205
 
I was willing to let it be called, but I also felt that it had run up too fast and that there was a good chance that it would fall back (and I was right for a change!)

Yes, I think many of us, having been snake-bitten several times lately, are inclined to think in those resistance-support terms. Some say that Technical Analysis can help identify these important option trading levels but since I'm such an options novice I have no idea if I should invest my time in this kind of effort (or put my faith in someone else's analysis...).

Does anyone have any comments on the "TA as an aid to options trading" issue?

--dfl



To: Dr. Id who wrote (500)5/10/2001 1:11:21 PM
From: Mike Buckley  Respond to of 5205
 
Id,

I just don't think that we've seen the last of the big corrections.

What would make you think that we finally have?

--Mike Buckley


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