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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: H Peterson who wrote (3868)	7/21/2002 2:07:46 AM
From: Mike Buckley	Read Replies (1) of 5205

HP, just curious how you got killed. It was a joke. (That's a set-up for Frank and ID who don't appreciate my humor. :) However ... Do you mean because of LTBH and you didn't sell them at the top. That's true. My portfolio has certainly been decimated in the short term when measured from its high. However, as I was discussing with one of our threadmates this morning, I think if people focus on the long term they might be surprised how well they've done relative to the indexes. Though I've lost big-time to the indexes over the last two years, I'm trouncing the indexes over the last 7 and 12 years. --Mike Buckley P. S. I'd rather not discuss this any more here since it's not about covered calls. Let's limit it to this one-time late-night meandering.

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