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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: PoetTrader who wrote (3249)	1/13/2002 7:45:58 PM
From: Dominick	Read Replies (2) of 5205

I always read UF's posts because I think he's one of the sharpest guys around these parts.... I to value the comments of UF, Dan and others as well. If it's just a matter of preference how one goes down the road of profit and I'm comfortable with my method, I'll consider the other suggestions but most likely I'll stay with what works for me. But If I'm proven wrong, then I must change. 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.... Here's the method I recently found that has been having good results for me both mentally as well as financially: I've been telling myself that I am investing in CD's.........Stock CD's. One year CD's in banks are averaging an APY of 3.25 to 3.50 percent. And you have to wait a full year to get it. I've been averaging 3 to 5 percent per month and I only have to wait 30 days. So I just buy a stock CD, get my 3 to 5 percent interest immediately then wait 30 days to get my principle back. And that makes me feel a lot better. :) Dominick

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