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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: CCWriter who wrote (8459)9/2/1998 8:45:00 AM
From: Herm  Respond to of 14162
 
CPQ is a bear that drops and turns and bites. You are reading the chart correctly. Look at all the previous RSI downward spikes and you will notice a typical CPQ recovery in the RSI before the direction is determined.

Cover CPQ CCs and cash out CPQ PUTs and reload the guns and seek out the next bear! HINT: Which companies will take a hit from the Russian Default! Let's get all of our experience bear hunters out there looking and post them here!