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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: FaultLine who started this subject9/24/2001 3:16:17 PM
From: M. C. Orme  Read Replies (1) of 5205
 
I'm thinking about writing covered calls sometime this week. Expected a bounce but not all in one day. Anybody think there may be legs for a rally longer than today?

I guess I'm wondering if the bad news of the economic reports this week is already priced in so perhaps there may be relief rally on top of the oversold bounce we are seeing today. Any military action or terrorist event would certainly trump all.

I feel even more clueless than usual!!! <g>

Hard to stay focused in light of all that's happened. Some things just aren't as important as they once seemed, while others move to the fore front. People in our lives are what count.

regards,

dMCO
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