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Non-Tech : The Critical Investing Workshop

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To: freeus who wrote (29151)	8/16/2000 5:56:27 PM
From: im a survivor	Read Replies (1) of 35685

<<So to use cov calls on a regular basis for income...not sure. Any suggestions are welcome.>> Yes...as Volty would say, "quit playing the casino". I can tell by your post that is exactly what you are doing. You mentioned making XXXX on this and XXX on that but had to buy them back for one reason or another.....that is not writing CC's for the income. Bottom line is if you wish to play the way you are playing, great, nothing wrong with it, but again, you are in the casino trying to play and time the market. If you truly are writing for the income, then relax and let the stock get called. In fact, thats what you want to happen. How much would you have made had you not bought the calls on csco and ssti back? You would have made more....had less stress, and then simply buy both stocks back if you want lower/higher, it doesnt matter, and write those calls all over again. keith@innopositiontobegivingadvice,but........com

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