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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: JohnM who wrote (701)5/21/2001 2:12:10 PM
From: FaultLine  Read Replies (2) of 5205
 
try to sell when this buying surge is past.

The real trick is to sell when you predict the buying surge is past but the buyers still think the surge has legs. I've been watching the up's and down's closely the past few weeks and I am amazed at how fast the premiums start dropping at the slightest hint of a slowing, leveling, or downturn.

--dfl
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