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To: edamo who wrote (131802)6/8/1999 6:16:00 PM
From: Frank Ellis Morris  Respond to of 176387
 
>>just got to learn how to ride
the waves..hold strong,fundamentally sound underlying positions, sell puts when
they downgrade, sell calls when they upgrade..and the worse that can happen is you
own more of what you wanted to own at a lower price, or you lose what you have at
a profit....and if you are correct and in rhythm with the market, you collect enough
premiums that eventually your adjusted cost basis is zero, and you can tell them all
to go to hell... <<

Sounds like a good strategy
Thanks Ed

Frank