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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Brian Sullivan who wrote (2491)9/24/2001 9:04:50 PM
From: Mathemagician  Read Replies (2) of 5205
 
The market indicators say that this market is extremely over sold right now...

If I had a nickel for every time I saw that phrase over the last 18 months... Then again, all I had to do was bet against it and I would. :) I suggest that we refrain from criticizing Lindy's individual market calls (and stick to criticizing his overall strategy <g>) since it is not constructive. Inevitably, we will either agree or disagree for whatever reason with each day's position and the discussion here will degenerate into a market timing debate.

I leave it to FaultLine to determine whether it is even appropriate for Lindy to post his trades here. I for one am very interested in continuing the discussion, though I do think it may be a bit outside the scope of this thread (anybody remember covered calls?). Perhaps it would be more appropriate to create a "Legend of the Sleeping Day-Trader" or "Sleepless in Hawaii" thread for that purpose. Ken? Lindy?

M
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