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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: Douglas Webb who wrote (6412)1/14/1998 12:09:00 PM
From: Douglas Webb  Read Replies (2) | Respond to of 14162
 
I've updated my TLB chart page again...

webbindustries.com

The trading envelope defined by the TLB bars is now plotted on both the candle chart and tlb chart. The history shows how each day's price action interacts with the envelope, and generates new bars. I still don't have a well-defined system for trading with this chart, but with the history and your help maybe we can come up with a reliable one (or several.) I want something that will take full advantage of uptrends and downtrends, since this chart is just as good at catching either. Suggestions?

Doug.



To: Douglas Webb who wrote (6412)1/14/1998 3:47:00 PM
From: Electric  Read Replies (1) | Respond to of 14162
 
*****VVUS*****

I have a theoretical Q.. What does everyone think my chances are to be called out of my Jan 10's with the stock at 11 1/4.

I would hope that it isnt likely, but on the other hand...

And one more Q, if I want to roll out my position do I have to first buy back the Jans and sell the new Feb's or can I just sell the Febs?

Thanks,

E