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To: Voltaire who wrote (1454)	1/28/2000 1:39:00 AM
From: Jim Willie CB	Read Replies (2) of 35685

the game now is to sell covered calls into brief rallies inevitably we scrape bottom repeatedly, testing and probing buyback will be easy with many chances to catch a bottom the hard part will be to pull trigger and sell the calls you cannot catch the rise perfectly this is not an area of my personal skill next up though, resistance at 138-140 get greedy and attempt to sell CC at top, and you miss it gotta be content at a reasonable hedge level I have missed several opportunities to sell CCs this month I feel wet behind the ears sometimes, after all these years welcome to the other side of Y2k effect / jim

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