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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Dan Duchardt who wrote (11628)10/7/1999 3:06:00 AM
From: Mike T.  Read Replies (2) of 14162
 
Thanks for the tip of the hat, Dan. I must credit McMillan and Herm, though. I've learned to approach investing in an entirely new way, and now I make money!

ROST is probably a great CC workhorse, but I'm actually treating it as a long-term investment. I haven't covered my long shares yet, but I will soon, and it will probably be out six to eight months. This is a great company, and it's kind of like having your money in a profitable mutual account.

I'm curious about the interest in Disney. I used to have a substantial number of long shares, but sold for a reasonable profit after the stock did nothing after it split 3:1 earlier this year. Has anything changed in the company that would make it now worth investing? Herm, have you heard anything?

I hope to be able to give back to this forum from which I've profited so greatly. I am working on some research, and will share when I can. As always (and this can't be stated enough), do your own DD.

Mike
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