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Non-Tech : QQQ - Nasdaq 100 Trust

QQQ 621.08

-0.1%

Nov 12 4:00 PM EST

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To: PaperProphet who wrote (323)	5/30/2000 11:26:00 AM
From: Cosmo Daisey	Read Replies (1) of 840

Kurt, The advantages to QQQ rather than a fund is it trades all day, you can sell short, you can buy/sell options. The premium for writing covered calls is attractive at about 6% a month. One thousand shares would cost about $82,000 and the monthly premium would be about $6,000. Not a bad retirement income but of course this depends on a decent market with an upward bias. Cosmo

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