How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Tom K. who wrote (9767)	2/26/1999 8:41:00 AM
From: Herm	Read Replies (3) of 14162

Hi Tom, Thanks for your feedback! For the new lurkers, I must repeat what I have not said for some time now. I have not invented a single theory or philosophy. And, for sure, not on my own anyway! WINs is only a summation of lots of investor experiences. Yes, I took ideas here and there and tried to make sense out of all the vast information. Is WINs the only way to make money the stock market. No, I'm quite sure of that! Does WINs on this forum make money? Yep, I'm quite sure of that from my first hand experience and loads of people like you! If readers out there want to make money and expand or perfect this even more, all you have to do is give us your experience and expertise. You never know who out there has a missing piece to the puzzle that will pay you back even more! 100 creative average brains is powerful potential. I put my money in an SI think tank than Merrill Lynch Brokerage order takers anyday! The checks and balances are you people! If I advocated something not for real or false in nature I would have been flamed off this web site two years ago. It blows my mind how I can't remember someone telling me it does not work. All I ever hear is that it does and continues to make money for those work apply it. That is not the same as comparing it to buying Amazon.com and making 1,000 percent in one year. WINs would work with that stock as well. But, it is not a find the next rocket stock approach. It is what do you with the stock(s) according to the WINs approach. If anything, how to keep from losing your shirt, pants, and underwear with Amazon when it tanks (if and when it does). My recent dialog and opinion about DELL panned out pretty much as I indicated just by reading that BB and RSI. If that fellow sold those CC LEAPs he made out very well in protecting the downside. Hey, keeping the money in your pocket is often more important than finding the next Amazon. You have to have money to stay in this deadly game! Keep learning and earning! Don't forget those charities and churches! Share your wealth! It will make you feel good and put your mind in the right mode. Making money should not be about greed. It is only a means to an end. Don't compromise character.....

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