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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Uncle Frank who wrote (3490)3/8/2002 8:43:30 PM
From: JohnM  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.


Ah, so we are going to take these things seriously, are we? Okay.

Here's the link I had in mind when I tossed off that line:

Message 17118970

And here's the line from it that stuck with me:

We've had what passed for a 4th quarter "rally", and it doesn't appear this market is going anyhere until the fall at the earliest.

I don't know about your relation to the market, but it's clear whenever I do something decisive, it's time to get on the other side of the deal.

But, of course, if you don't wish to take credit for folk making money this week, then I'll take it all. (g)

John
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