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Non-Tech : The Critical Investing Workshop

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To: stockman_scott who wrote (26868)7/28/2000 12:17:12 PM
From: Ex-INTCfan  Read Replies (1) of 35685
 
Scott, If the mkt drops much more, I may buy back my JDSU calls. Then I can sell them again next week.

This drop really hasn't hurt me too much, and I can't figure out why. Even NOK dropping like a bomb yesterday didn't phase me -- I know it will be higher later. I'm more diversified than I used to be, and I'm selling calls on some of the larger positions, so I have more cash too.

I think the mere act of selling calls makes you feel better when your stocks drop. I mean, sure your stocks lose money, but it feels good to see the calls you have sold drop to close to zero.

INTCfan
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