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

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To: virgil vancleave who wrote (12139)1/4/2000 5:29:00 PM
From: Herm  Read Replies (1) of 14162
 
Well Virgil, that bear took one heck of a bite today! You
are right about it's time we get those bear traps out fast for some easy money!

Exchange Price Change % Change
Dow 10,997.93 -359.58 -3.17%
NASDAQ 3,901.69 -229.46 -5.55%
S&P 1,399.42 -55.80 -3.83%
Transports 2,862.17 -81.50 -2.77%
Utilities 278.51 +1.80 +0.65%
Russell 2000 478.38 -18.04 -3.63%

My DIS finally got upgraded for a nice pop today! My $30
strike is in the money now and soon clear my B.E. at $34. I was hoping to exercise the three LEAPs by Feb.

On the conservative front, I have been switching my tax shelter money into the Smith Barney International Equities which has been smoking the past four weeks. More opportunities overseas right now! Asia is just getting out of the hole and there is plenty of upside potential.
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