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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: jim clabaugh who wrote (5168)10/3/1997 7:43:00 AM
From: Herm   of 14162
 
Just when it seems impossible and the stock starts to smell is when the smart investors will be sneaking in the back door setting up the next reversal. I recall not to long ago when I suggested TECD at $22 and I heard comments like, "you got to be kidding?" "I don't like to jump on a stock that has been going down for that long" "look at the margins, they so thin." Well, TECD was a bargain at that point and now the stock is at $47+. You never know in this game! You need to get your confidence back by making money in your portfolio. CC premies will increase your margin situation by bringing in cash. SCOP is starting to climb out of the hole!
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