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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: TShirtPrinter who wrote (4965)	5/15/2008 11:05:46 AM
From: Uncle Frank	Read Replies (1) of 5205

>> While it seems toppy, just a feeling, I remember the run we got on news. I am trying not to be on the wrong side if/when that happens again. I'm taking that risk, Tony. I think Qcom is very undervalued, but it's been stuck in a narrow channel (35 to 45) for the last year, and I'd like to get some return from my investment. Our perspectives differ in that I've been in and out of Qcom, so I don't have the tax implications that force you to be guarded. Keep in mind that I've been a perma-bull, even through the Bubble Burst. But the outlook for our macro economy is so grim that even I am losing my optimism.

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