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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Jean M. Gauthier who wrote (5704)8/31/1999 6:58:00 PM
From: TShirtPrinter  Read Replies (1) of 54805
 
Sunny,
The options can be very tempting but better poll the group for all the facts (up & down).
I sold covered calls and got taken out in August and looks like Sept 175's are gonna be history. Ask Uncle Franq.
My rationale is I needed at some time to lighten up some margin, but will have lost 20% of my Q to get a couple of $$$$.
I loved the comment about picking up dimes in front of a steamroller. That's what I feel like.

Tony

PS Don't worry though, when I think the time is right I'll be buying more options.
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