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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Thomas Tam who wrote (35404)	11/27/2000 3:21:25 PM
From: Uncle Frank	Respond to of 54805

>> Still not very diversified That's a bit of an understatement, Tom. This must have been a painful year for you, and a real test of your commitment to ltb&h. As I've noted several times, I now view a moderate degree of diversification as an essential tool in portfolio management, and would recommend you look into it towards the end of December. That being said, if I were in one stock, it would be qcom. >> I did manage to increase my returns slightly by selling covered calls on QCOM as the momentum went away... Its a margin type of transaction but not using margin per se. I'm not following you on this point. Why do you equate covered calls with margin? >> So in the end is margin good or bad? It's neither good nor bad; it's simply a tool for leverage as are options. They become bad when they are employed to excess by those impatient for big returns. cuf