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To: Voltaire who wrote (14824)	4/18/2000 3:59:00 PM
From: kokomama	Respond to of 35685

CC writing strategy post-crash... For 3 months now I've been writing monthly CC's on my fave stocks that I own...QCOM, JDSU, SEBL, CREE, ELON. Giving myself 2-3% of income each month...don't need the income to live on, but it has worked even in my pension $$$...eventually that monthly income grew to enough cash to buy some other favorite stock...while still allowing 20-25% potential upside move on each stock. Now portfolio is down 30-40%, and I'm not sure whether to write again for that 2-3%, given the oversold condition of my stocks. Looking for advice. -kokomama