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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: Dutch who wrote (29361)	8/17/2000 8:11:17 PM
From: Clappy	Read Replies (2) \| Respond to of 35685

Hi Dutch, But what happened during the long drawn out fall of the naz between March and May. It seems that if you tried to write calls your vehicle would get smaller and smaller. Then when you needed the money, bang, the market heads upward and you are forced to either buy back your cc's or roll them out further. Which still doesn't give you your monthly income. It seems that you have to have a ton of cash to sit on while all this happens. I don't see how it's as stress free under these market conditions. As soon as your vehicle crashes, it is no longer drivable until you recover your original investment. Isn't almost as risky as trading momentum stocks and pocketing your profits? -Clappy