VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (54215)	8/7/2002 8:47:18 AM
From: Murrey Walker	Read Replies (3) of 65232

Tom, I wish that I could understand the human condition more than I do. I've made more than the initial cost of my wife's investment in AMGN using covered calls. Still making a little on that practice today. That said, I'm more than willing to let them go if that should happen and not look back. Point is, my wife and I are not in love with any one position. Learned that lesson some time ago. What blows my mind is a lot of folks are using that misplaced blame syndrome, and you're pretty damn convenient as the lightening rod de jour. MM (and a host of others) obviously have a lot of anger to work through. I can tell that MM attended your classes on CCs when QCOM was the case in point. Perhaps as his name implies, he leveraged himself to the hilt and really took some hits on the way down. Hopefully, some time in the future, folks will begin to make money in the market, and will let bygones be bygones. I thought Bobo and company were waiting for QCOM to get back to $200. ;-)

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