Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (41716)	5/24/1999 9:01:00 PM
From: Jerry Olson	Read Replies (1) of 120523

Jenna it's just the time frame now...you and I have seen this before..stocks have steller earnings, and flounder, go straight down..CSCO-AMAT etc etc.. when the market wants to correct, it just ignores everything and goes down... that's why the buy the dippers will win out in the end... lets just be patient, let them sell, and then we'll buy.. as for everyone here holding shares at good cost basis??? write some covred calls, and take in some nice cash while this exhausts itself out... example...i'm going to write CC on CMGI probablysometime next week,,, i don't want to sell it...so i'll let someone pay me to wait for the next best move up...if the stock gets taken away, i still get the price i sold the calls at, AND i keep the permium too.. then i can buy them back and do whatever i want to...if the stock tanks, and is below my strike price??? hahahaha, in get to keep the shares and the premi, and do it all over again...next month... just another good safe way to collect cash while this get done with...

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