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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (7621)	12/16/2000 11:06:38 PM
From: pbull	Read Replies (1) \| Respond to of 13572

Why are you wrong? You're not. Between your posts and Mr. Sig's comments, you've cemented my feelings about the direction of the markets and the economy. I didn't realize, until recently, the amount of debt the telcos have taken on to build out their networks. That's why I'm exploring LEAPS, because there are some long-term trends here that are becoming clear, at least in my mind. Biggest risk is volatility, in my opinion. Thank you for your insights. PB

To: mishedlo who wrote (7621)	12/16/2000 11:56:23 PM
From: Sig	Respond to of 13572

Re Market You are not alone, you are singin my song. Its the year of Hormel and Armour, everyone gets slaughtered, bulls, bears, pigs, chickens and turtles. I include bears because apparently they have been profiting by selling covered calls all year. So I tried that and guess what, you can sell a cc on a $100 stock for $20 profit which seems swell until it goes down to $50 which will give a 30% loss overall, unless one wants to keep it and risk it coming back in this market? Nowhere to hide, sit quietly and make yourself invisble they will still find you and you'll end up as road kill. Consider the 5 stocks my broker has recommended lately. Whooooooa- goodby $'s But cheer up, each day brings a new opportunity,so one can wait -next week, next month, we can watch them on Quote.com + 30, -30. I have a couple that are up 50%, 90%, in a week. The LTBH are killers tho. Sig