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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: jaytee who wrote (11928)	11/28/1999 6:39:00 PM
From: Herm	Read Replies (5) \| Respond to of 14162

I took a look at the web site jaytee. Interesting. I have a few question that came to my mind about a service like that. I'm trying to understand the motive. I'm not convinced that scanners like that can be programmed with all the misc. variables that our eyeballs can handle right now. 1. How many stock positions can any person handle? It varies depending how much money one has and the amount of attention one is willing to spend on the stocks. Thus, do you really need nightly feeds and scans for stock? 2. So, you find stocks and you invest in them. If one can't read the charts and apply TA on the stocks, how will they make money anyway? 3. We provide plenty of leads here on this forum that people are making money. Why would a program be better than them? 4. We have plenty of good chart readers and a forum to base a buy/sell decision on any stock as good if not better than any program for free. Why and how would a program do better? 5. Reading the charts is time consuming when you are not experienced. How will this program save you time? There is a learning curve to everything. I really would like to hear your thinking on it. I'm getting some ideas from them.