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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.42+1.9%Dec 19 9:30 AM EST
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To: RetiredNow who wrote (53991)7/10/2001 8:35:31 PM
From: Jerome  Read Replies (2) of 77400
 
Ed/Mindmeld.....thanks for the suggestions.

Ed... What you are saying is that a stock drops by 12% from the last purchase then the new purchase should be 112% or the original purchase.

mindmeld/ a minor correction... in my post I intended to say that if CSCO got to 17 1/2 then I would sell covered calls at that strike for July or August. This would produce income of .60to 1.00 per share depending on the price of CSCO at the time of the covered call write.

We all have done a lot of trading over the years, but I still find it possible to learn from others a better way to manage any given situation.

Thanks for your inputs.....Jerome
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