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Non-Tech : The Critical Investing Workshop

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To: A.L. Reagan who wrote (12453)	4/13/2000 12:07:00 AM
From: joe-hunter	Read Replies (2) of 35685

I usually lurk on several threads on SI and listen and learn from all you more knowledgeable people. I think I finally understand Voltaires CC strategy for INCOME but not a strategy for growth I think. Mr Reagan I agree with your thoughts regarding selling PUTS if this is near a market bottom as I suspect it is - for example Aug 45 PUTS for Gemstar GMST were paying 9 5/8 and Aug 50s were worth 12 - 13. For some one who is willing to buy gmst ( some on the G&K thread think gmst is a gorilla ) this looks like a very nice way to do it. A May 50 PUT for MFNX Metromedia Fibre Networks (Closed to day at 56 5/8) is paying around 5 - again selling puts for strong stocks at a market bottom can be a nice way to buy stocks even cheaper than the market prices. I spent today closing covered call sales I made late last year and kept some stocks that I thought would be called - I am going to look for more potential PUT sales tomorrow. Polvie - I agreee - Robert Earl Keene rocks - I really like the Armadillo Jackal on the No Kind of Dancer albumn.... Joe-Hunter Free Jim Willie NOW!!!

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