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Technology Stocks : All About Sun Microsystems
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To: rudedog who wrote (37660)11/12/2000 6:40:06 PM
From: X Y Zebra  Read Replies (1) of 64865
 
Thanks... seems quite a solid strategy to me, perhaps the only difference is that I am not afraid of being called away, if the strike price is substantially above my basis and/or the price is riding the upper bollinger band. (The theory being, that a short term drop returning to the b.b. moving average, would result in a lower re-entry point).

On the other hand, a careful consideration of the tax implication plus the fact that buying and selling may require more time spent watching the price movements, may result in protecting the stock as a better alternative.

Thank you.
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