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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: BelowTheCrowd who wrote (3317)10/2/1998 4:58:00 PM
From: Y2k_fan   of 4634
 
I actually rarely owned stocks which give dividends. None for now.

I was making a point that stock itself does not worth anything.
We make money from stocks through buying and selling or selling and buying.

And most marginable stocks have options. One of my major source of income come from writing covered-calls and covered-puts. From the time-premium, the chance for making money is better than watching the ticks all the time.

However, this does not change the fact that stock market is principally a place for gambling. All we are trying to do is to reduce the risk from all kinds of tools, FA, TA, stories, rumors, options...

My $0.02.
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