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Technology Stocks : Network Solutions (NSOL)
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To: Caroline who wrote (1190)6/5/1999 3:18:00 PM
From: Mike Gordon  Read Replies (1) of 1377
 
Caroline: Thanks for the link. You're right, both NSOL and SEEK demonstrate similar patterns. However, I can't see a bottom on either. I tend to stay in safer issues for covered call strategies. They include, but not limited to DELL, INTC, MSFT, and SCH. If you pick a good entry point, and then write calls 5 to 10 points higher every month, you can make a decent return. I use this return to reduce basis because these issues are in tax deferred accounts. On taxable accounts, I tend to day trade using covered calls as safety valve. Let me know how you do on QIIR,

Mike
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