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Pastimes : Zen in the Market

QQQ 635.77

+0.5%

Oct 29 4:00 PM EDT

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To: Michael Davis who wrote (52)	5/23/2000 10:51:00 AM
From: Cosmo Daisey	Read Replies (2) of 60

Michael, Cow Hampshire? Nice place, where are you? This is a tough market and a good time to step back. I have a position in QQQ to write calls. The volatility of the market is good for calls because you can write on a good day and buy them back on bad days picking up a few points each trip. QQQ is the naz 100 largest stocks so if you think the naz will recover it's a good place to invest. For the low maintenance portfolios under management I just write the calls and don't trade in and out. Cosmo

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