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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: FaultLine who wrote (3262)1/16/2002 1:04:54 PM
From: Dr. Id  Read Replies (1) of 5205
 
I'm hoping we can get back to a break even for me then I'm considering pulling out and waiting a while or looking for another opportunity.

--ken


Ken,

If you're as pessimistic as you sound about QCOM, why wait for a break even? Why not get out now? I've made many mistakes, one of which was to wait until I was "even" on a stock, only to watch it go down further.

I think the mistake that we make when we want to
"get even" can be called "ego investing".

Though it hasn't gotten me in as much trouble as "id investing!":)

DrId@manywaystothepoorhouse.pov
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