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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 (13788)7/19/2001 3:15:19 PM
From: Gary Stern  Read Replies (1) | Respond to of 14162
 
"the upper and lower BBs going in diverse direction indicates higher prices and higher volatility. Even the moving average has an upward bias.RSI is fairly high at 66 and climbing."

Herm, I'm a CC devotee (it's all I do). The above says to me that there is no imminent movement and the indecisive RSI suggests that you can't tell what direction the trend is moving. Where is my thinking off?