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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: Clay Harem who wrote (9492)	1/18/1999 12:21:00 PM
From: Herm	Respond to of 14162

Howdy Clay, Glad to have you aboard! BTGC is cycling downwards and is approaching the lower BB which is curving up. Those bands are getting narrower. You can expect a gap up or down in the near future. With dropping RSI and lower volume I would say a downward move before a reversal. Tuesday, should start to paint the picture. Friday, was options expirations and I would not base any decision on the close at $7.00. Earnings release is still a few weeks ahead. BTGC iqc.com TECD iqc.com TECD is moving sideways for a few months withing a price range. Set the above chart to weekly and you clearly see what I mean. At this point TECD is approaching the bottom of the BB and the RSI is dropping off. TECD will cycle upwards unless some bad news knocks them off! It could gap if TECD surprises the street. Sounds like you have been working TECD fairly well.