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To: im a survivor who wrote (29534)	8/18/2000 5:42:55 PM
From: drenko	Read Replies (1) \| Respond to of 35685

"anyway.....just trying to keep things simple. I mean, if you do the math, you are absoltely correct. If you can collect 5 - 10% on your money monthly, it's just a no brainer. It's when things go sour that ya need to know what to do." Well said my friend. Now if I could just the guy who does our racing heads to pull his head out of his A$$ then I would be doing greeaatttt!!!! drenko@lookingforcamelbacks.com (motor heads will get that)

To: im a survivor who wrote (29534)	8/18/2000 6:01:38 PM
From: RocketMan	Read Replies (3) \| Respond to of 35685

If you can collect 5 - 10% on your money monthly, it's just a no brainer. OK, that works in a stock that is going sideways, as has been the case with many stocks for months. But if the market turns, eventually the stock will correct and that 5-10% monthly will lessen, due to declining call premiums. And the dollar amount will decline as well, due to the declining stock price. So then we are in a situation where we need to uncover, as has been discussed, or just take the hit and move on. rm@startingtoseethedownside.com