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Non-Tech : The Critical Investing Workshop

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To: Jim Willie CB who wrote (8899)3/23/2000 6:06:00 PM
From: Book Bag  Read Replies (1) of 35685
 
>next project: join the Mile High Club (auto pilot)

I wonder what it would be like without auto pilot?

>I would have taken a loan against the stock personally
>you aint got your investment engine no more
>you could be making monthly payments with written calls

Too stressful! Hans works in the boom and bust oil industry and our number one (and only) rule is cash for everything. I think we're Murphy's prime target and I'll wreck my covered call strategy at the same time as the oilpatch goes down the toilet.

Now I have to start building a new cash position but I still seem to have a mental block with the CCs. Why does selling puts seem easier than writing covered calls?

>QCOM is heading to over 200 by yearend

I'm hanging on to a few remaining shares, July calls and LEAPS in other accounts so I haven't totally deserted the mighty Q (although JDSU is my all-time favourite as I bought it 17 months ago at a split-adjusted $4).

Thanks again for all your TA.

Book Bag (watching the falling snow)
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