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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: JohnM who wrote (874)5/31/2001 8:18:47 PM
From: FaultLine   of 5205
 
Might it not be the case that your "getting it" has been in a certain kind of market, a down to sideways market, that timing has not been an essential issue since it was the kind of market that worked best for cc writing. And, if that's the case (though it may well not be), do you watch for the turns that might call for other tools?

First, the "getting it" refers to the exact mechanisms and dynamics as described by McMillian. These concepts concerning the inter-relatedness of the variables, universally apply. He describes a simple, ordinary dynamic system.

Second: I only have a few months experience but I do not anticipate using any particular tools in the future. (Shhh, I hate to confess this, but I don't think much of technical analysis -- just a hardcore skeptic I guess. And that pretty much eliminates the tools approach.) Seems easier to me to just get a feeling for the beast by keeping up with the news and the fundamentals IMO.

--dfl@besuretobuyanacmebaloneydetectionkit.com <g>

EDIT: FYI csicop.org
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