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Politics : Formerly About Applied Materials
AMAT 252.31+1.0%12:59 PM EST

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To: michael97123 who wrote (47640)6/6/2001 12:15:51 PM
From: willcousa  Read Replies (1) of 70976
 
My IB partner came out of SB. In his broker days he found the same thing. He developed a covered call writing program and built a nice book on it. The pressure to push the house's crap drove him crazy. Finally they said he would have to use their equities to write covered calls rather than his own selections. That is when he left.
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