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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: the options strategist who wrote (8886)10/26/1998 9:46:00 AM
From: Herm  Read Replies (2) | Respond to of 14162
 
Hi Jen,

I would like to hear the outcome of what you do. I comment on stocks
that readers submit to me. It is impossible to play every good
prospect. although, I tend to watch those that I comment on to see if
the stock does indeed move in the direction I projected. That gives
me an opportunity to practice the application of W.I.N.S. and allow
others to learn and earn.

FORE was a nice move. Watch that upper BB which is slanted downward
towards a tag. RSI is up there! Profit taking reversal is going to
take place soon.

askresearch.com



To: the options strategist who wrote (8886)10/26/1998 4:13:00 PM
From: Scott  Read Replies (1) | Respond to of 14162
 
Scott, I got FORE when you did (around the time) and I'm going to follow your strategy tomorrow. I too am currently taking profits when I get them. Thanks.

Jen,

Thanks for bringing FORE to us. I hope you got to close it out early in the day, before it receded.

Herm - take a look at RMBS. It's hitting the upper BB, and it seems to be at the top of its recent range. Could be ready to take a fall.

Scott