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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: JohnM who wrote (2456)9/21/2001 5:31:07 PM
From: LindyBill  Read Replies (2) of 5205
 
Since I was successful with my first short sale, I now think I am a genius! I am going to continue to do some short term short selling. Guessing this market is fun, and I hope it remains profitable.

My thinking at the moment, which may change by Monday, is that we will have an early rally Monday Morning. If we do, i will sell into it and try to pick up a couple of points on a downturn.

BTW, the market opens at 3:30AM my time here in Waikiki. This means I get up, check the market, sell short if I think it will work, put in a buy to cover order and go back to bed. If it works, I wake up to a profit. If not, I hang on until it does go down. If it does not go down, I plan to cry a lot!

LindyBill@whatmakesmethinkIcandaytrade?
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