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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: alanrs who wrote (5110)3/16/2011 7:14:29 PM
From: Hepps  Read Replies (1) of 5205
 
alanrs,

Was away this week on business. Will post more in the morning, but this is either an opportunity to buy or an opportunity to wait. Will spend some time deciding if I was right nine months ago to sell or if I'm right now to buy.

People make as much money sitting on their hands as they do buying stocks. I think we may be at a panic point with VIX pushing 30 and after hours trading weak. Do I want my QCOM position back? You bet. But not at 50 if I can pick up more at 40 or 35.

Need to spend some time figuring out what Japan really means to economy.


Hepps
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