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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: slacker711 who wrote (2078)	8/17/2001 12:44:37 PM
From: Uncle Frank	Read Replies (2) of 5205

>> I keep trying to remind myself that a run like Qualcomm saw last Dec. isnt really unusual. I keep trying to convince myself of the same thing, but have been unsuccessful. That's not due to any weakness in the fundamentals Qualcomm, whose progress towards domination of 3G had been remarkable, but rather, due to the weakness of both the market and the wireless sector. At any rate, I won't be covered on Q for the November - January timeframe. It's just too explosive a period for tech stocks. >> In hindsight, it is easy to realize that you should have let the stock go and rebought for much cheaper.... But only in hindsight. I'm still hold the belief that ltb&h is the only effective way to participate in the wealth creation effect of a great company like the Q. Taking a few lumps and a bunch of "I told you so"s from traders along the way is an unavoidable part of the process. duf

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