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To: Cosmo Daisey who wrote (8754)12/27/2000 1:05:02 PM
From: Cosmo Daisey  Read Replies (1) | Respond to of 10876
 
Cubes CC
It looks like the NAZ is stalling out @ 2530's so I wrote QQQAH Jan 60 @ 5.125 for 8.5% return. One of the brokers that calls me for CC advice for his clients called today and said he wants to buy march 80's for $2 and if QQQ is only at 75 he wanted to know if he should call the stock at 80. I asked him to explain that again and he repeated the plan to exercise the 80's if the stock is only 75. cdaisey@dreamworks.com



To: Cosmo Daisey who wrote (8754)12/28/2000 9:07:26 AM
From: Poet  Respond to of 10876
 
Good morning, Cosmo,

Sorry about the delay. I actually took a day off from the computer yesterday, believe it or not. Your posting on the Cubes is very timely to me. I've been flat for a while now (no comments guys <g>) and think that this week offers a good opportunity to buy in. I'm a little later than you, as usual, but it's looking like today will be a good day to hunt for the common at 60 or so. I'm going to be looking to ride it up a few points and write ATM Jan calls before the close tomorrow.

This cc-writing on the Cubes strategy of yours is one of the most elegant ways to earn a stressless income on a monthly basis. Thank you for continuing to post your thoughts here.