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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Boplicity who wrote (26717)12/21/2000 1:00:29 PM
From: Uncle Frank  Read Replies (1) | Respond to of 65232
 
I was 75% Qcom at the end of 1999. The buying and selling of Gorillas in 1Q00 was to diversify and balance my portfolio. Other than the small amount I use for short term trading (<5%), I just hang on. I keep talking about covered calls, but other than a few experiments, haven't committed to it yet. This would have been a great year to do it, but I was too bullish. I'll try to be more disciplined in 2001. My annual ira withdrawal will be funded by sales of LEAPS, not common stock.

>> I have been humbled way too many times.

Me, too - every time I've looked at my current portfolio since the end of March.

uf