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

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To: tuck who wrote (10352)4/13/1999 5:52:00 PM
From: Herm  Read Replies (1) of 14162
 
Thanks for filling us in on your experience Tuck. I hate to cover CCs at a loss, so I very rarely do. I much rather have the extra premie dollars at work either on the same stock as sideshows if I'm so sure that stock is running away from me. That usually only happens on surprise news. IFMX and BTGC for example this week.
It's no accident by looking at the BB and RSI.

I have to chuckle recalling a recent lurker email from a captain in the marines. He indicated how he liked the WINs Approach and was doing very well himself. He indicated a fellow service buddy was being annoyed with Wade Cook's seminars. In other words, paying students were angry because the results were not happening. The captain was turning the other gent on to WINs. Of course, the other fellow was thinking how good could it be for FREE! :-)

Well, we all add a little twist to WINs depending on our habits. The point is to get a good foundation and know what to look for to make a profit.
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