VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: edamo who wrote (20687)	11/29/2000 5:54:01 PM
From: freeus	Read Replies (1) of 65232

I just realized what else I could do if I think the market is going down further...and I do. I could sell covered calls against all the stocks I still own, short term, and then just buy them back when they go down! Voila! Easy, I know how to do it, and I get money instead of spending any. And if the stock goes up and the stock gets called away I'll buy it back cheaper if I'm right and the market is going to continue to tank well into next year. Freeus Better, maestro?

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