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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!
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To: Philip B. Reitano who wrote (4908)9/19/1997 8:24:00 PM
From: jim clabaugh   of 14162
 
phil,

profit is good, but now i don't know what to do with the money.
isn't that a stupid problem to have.
...(bet sailor's wife could help there, eh jim? ;-)

i'm called out of everything i was playing.
all the stock i was tracking is UPPPP
and i'm not willing to sell naked calls betting that it will fall.
naked puts are one thing, nc's scare me.

also, i'm not confident that the uptrend is going to continue forever.
i expect VVUS, ROST, TECD and APM are going to pull back at some point so i'll just wait for another entry point.

in the meantime, i'll start looking for another stock for use to track.

cheers,
jim.

i just remembered... i still have CREAF and good ole' SCOP. <ggg>
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