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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: William who wrote (2847)	10/23/2001 1:57:48 PM
From: Uncle Frank	of 5205

The November through January period is when tech stocks with cyclical tendencies peak almost every year, but external events (as in terrorism) could blunt it, even more than the presidential election fiasco did last year. The overall economy will definitely suffer due to terrorism, and we'll probably confirm a recession. Things look grim for the airframe, travel, and resort industries. But some techs may prosper. If there is a strong trend away from malls and towards internet shopping for Christmas, the networkers, server manufacturers, and ecommerce companies will see large short term benefits. As well, distributed memory systems (network attached storage) may be in a favorable light for security reasons. It's a mixed bag, but whatever I decide, I'm leaning towards holding off until csco reports on 11/6. A positive forward outlook from Chambers could easily move the nasdaq by 5 to 10%. jmho, duf

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