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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: surfbaron who wrote (618)	5/17/2001 11:44:11 AM
From: Uncle Frank	Read Replies (3) of 5205

>> I want to be dead wrong. I just don't see how anything has changed. The psychology has changed. The theoretical process by which a gorilla takes command of a sector is slower in telecom because of political and regulatory issues, not to mention the incredible cost of infrastructure changes. I think we underestimated those factors, and were hypnotized by the momentum, but long term prospects remain undimmed. Now that the oft disputed promise of China has resulted in hard contracts, Mr. Market is beginning to grasp that potential and the negative aura surrounding Q is dissipating. uf

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