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


To: Voltaire who wrote (27425)12/28/2000 10:42:43 AM
From: im a survivor  Read Replies (1) | Respond to of 65232
 
I assume you think we have a good day tomorrow as well?? Still think we'll have a good January ??

Amazing how bearish everybody has become....especially JW....Hope the bulls win out this year....I can't handle another year like 2000.....total disaster would be a major understatement, but worse, it has effected my "plan". My plan was to ride a rally, then sell some calls and eliminate margin completely. Then move to a stress free CC writing strategy, while only using margin for daily swing trades,,,in and out. Problem is, the Nov/Dec rally went south instead of north and now I enter January being very, very far away from my target prices that I needed in order to put my plan into action. I figured by end of january, JDSU and RMBS will have rallied enough for my calls I hold to be worth enough to eliminate the last of my margin. As it is now, I am far, far away from that happening. So much for my "plan" !!

K