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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: JohnM who wrote (3489)	3/8/2002 8:33:28 PM
From: Uncle Frank	Read Replies (1) of 5205

>> I need to share the credit with Frank. Didn't he predict the market would be going nowhere until next fall? Did I say that? Please provide a link so we can see it in context. As far as the current rally is concerned, I made the following comment a week ago when I started writing April calls: My assumptions are that today's rally won't be sustainable, and I'll have opportunities to close these positions favorably before April expiry. Message 17136958 There's still 5 weeks to go before we can rate the accuracy of that particular WAG. uf btw, I still don't feel that we'll have a sustainable rally until the fall, but maybe that's only because I've seen so many summer slumps.

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