Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Herm who wrote (8301)	8/20/1998 11:26:00 AM
From: John Doe	Read Replies (2) \| Respond to of 14162

Good call on CREAF! Too bad that in the last two days while I was convincing myself of what a good buy it was, it went up 15%. Any other ideas on a solid stock that is ready for a rebound. I need about a $10 stock to get enough shares to really test out the W.I.N. strategy, and allow me to have enough extra cash to buy puts while the stock cycles up. (P.S. - How about an extra day or two of warning this time- :)

To: Herm who wrote (8301)	8/20/1998 12:56:00 PM
From: Andrew Williams	Respond to of 14162

Here is another view on Boston Scientific. Using different set of TA. Go to the site for a copy of the chart. norby.com BOSTON SCIENTIFIC CORP (BSX-NYSE): Technical Viewpoint: From a low of $60.44 on June 16, 1998 prices rallied, reaching a high of $78 3/8 on July 6, 1998. A decline saw prices pull back, reaching a low of $69 7/8 on July 28, 1998. Another rally saw prices penetrate resistance line "A", closing yesterday at $81 1/8. Technicals: MACD Index (MACD): A Buy Alert! was given on Aug 14, 1998 when the solid line crossed the dotted line to the upside. Support: Remains at $73 1/2. Resistance: None at current levels. Point & Figure: Reversed to the upside on Aug 12, 1998. A P&F downside reversal takes place at $78.00. Summary: Technical indicators have turned bullish. BUY! BOSTON SCIENTIFIC CORP (BSX-NYSE) @ $81 5/8 Stop. Use a protective stop of $78 7/8.

To: Herm who wrote (8301)	8/21/1998 9:58:00 PM
From: KB	Respond to of 14162

Herm and list, Thank you for your reply on CCing KM. Now I have to ask for elaboration on the TRO reading. I don't recall reading any detail explanation of what it is, how is it calculated, how it is used to help find good CC candidates. Please refer me to a post if already discussed. I have held off for the moment on KM, I would like to do a little more research using the TRO as another indicator, and find a middle of the road CCing candidate - one that tastes great AND is less filling! Thanks again, KB