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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: Herm who wrote (9909)	3/10/1999 11:40:00 AM
From: Vegas	Read Replies (2) \| Respond to of 14162

XLK - A Technology Index That Trades Like A Stock Anyone know where can I find more info about this? I checked AMEX.com but couldn't find anything. I like to find more about this and similar indicies... Thanks, JF

To: Herm who wrote (9909)	3/10/1999 2:20:00 PM
From: Andrew Williams	Respond to of 14162

Thanks for the input on XLK. This will be interesting since I think it is a play on "sector" volatility versus company, sector, and market risk. It will be interesting to see how BB and RSI react to only sector risk. Based on my experience of playing with DJX spreads last year, I think there can be some very large intra-day swings were a BB will be hit and a fast movement in the opposite direction that is had to trade I did not use the formal WINS approach with DJX just the "let the trend be your friend" rule of thumb. I made a small profit, but felt I missed out on some intra-day opportunities. Anyway, I am going to give this a close look. I would be interested in other opinions.