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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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ajtj99
To: Qone0 who wrote (59520)5/10/2022 4:25:48 PM
From: Lee Lichterman III1 Recommendation  Read Replies (1) of 97274
 
They track the indexes but get a little cushion from the unpaid profit on their calls as long as they're doing a good job. They can fall with the indexes though so I'd try to wait until we're near a bottom.
I've played them in and out and I remember having XYLD when it was 49 I think. It's down around 46 now so they're not bullet proof. Still, they're down less than the indexes and you're getting the near 10% yield also. Just see my earlier post that there is blow up risk.
If you remember knightytin, (Mike Burke) here on SI, he claims he was one of the first to use options in a fund to boost performance.

Speaking of old members, anyone know what happened to Dennis Michael Patterson, William Huebe, Joan Graffius, Challo? I think Bill and Joan were in their 70s around Y2K so they might be gone though I didn't see them mentioned on the Ad Astra thread.
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