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To: Jill who wrote (1934)1/31/2000 9:47:00 AM
From: edamo  Read Replies (1) | Respond to of 8096
 
jill....cc's

agree, now not the time for writing cc's.....probability of market going up within the next month, greater then going down.

rush to write covered calls during a sell off is a good contrarian indicator. qcom cc should have been written when it surged to 800.......

long term believers in qcom should look very hard at ditm leaps....what appears expensive, may in fact be a bargain...



To: Jill who wrote (1934)1/31/2000 5:30:00 PM
From: Bruce Ravelson  Read Replies (1) | Respond to of 8096
 
Hey Jill...
Thanks for saving me from having one huge headache tonight. After posting my intention to write some CC on Q yesterday, you and others convinced me to wait. The market may be in a short-term bounce, but I'm not betting against what the China deal will do for Q.
I can't get too fancy; lost too much money doing what I don't know.

Bruce