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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: PoetTrader who wrote (3248)1/13/2002 5:49:09 PM
From: PoetTrader  Read Replies (1) of 5205
 
Dominick...

Just wanted you to know I wrote that last post before I had read all the interplay between you and Uncle Frank. I always read UF's posts because I think he's one of the sharpest guys around these parts, but I also find everyone's input valuable insofar as how they attempt repair strategies. While it appears your repair strategy was based on a smaller time frame than most I appreciate hearing both how the day trader escapes his demons as well as the lb&h's do. It's all grist for the mill. So do please keep posting.

Good luck, PoetTrader

PS. From what I've been able to tell Hal definetly has some difficult times ahead with all asbestos problems but their insurance theoretically covers claims as well as recent judgements that would work in their favor make this an appealing longterm turnaround story. The point for me is buying this low, holding and making some premium in the meantime and hoping it returns to its former glory after problems are out of the way.
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