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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?


To: Victoria Walley who wrote (13607)2/8/2001 6:24:46 PM
From: Herm  Respond to of 14162
 
Hello Vicki & Lurkers,

I'm glad to hear you did good last year and found an investment niche that suits your comfort level. There is much for all of us to learn and share so that we all don't make the same mistakes.

There was such a large swing in 2000 with the internet stocks going from low to out of sight levels and back down again. WOW! One heck of a market.

Some fortunes were made and lost. I still remember the fellow with the QCOM call options worth $22,000 when he started and when he tried to exercised with E-Trade they gave him a hard time saying that he needed more cash to exercise. Heck, the calls are same as cash. He had those calls and did exercise and took over possession of the QCOM stock that was worth over 1 million. His QCOM holdings peaked out over 2 million in value at the end.

Next month, March 1, 2001 will mark one year since I started my internet business. Yes, there are thousands of lurkcers out there reading this forum. A few hundred of them buried me last March when I opened the doors for business.

I have some more ideas for 2001 in the way of educational
information for folks. My new web site host has SQL database features and 21 ftp ports which makes it possible for some serious database management and informational retrieval. Also, I have a new password manager with automated email programmed reminders and events triggers. In short, I can offer plenty of free stuff and not get bogged down manually trying to give out the information.

Plus, I have a new FAQ software program that will allow folks to refer to, read off the menu what they seeking, and then if they are really interested in follow up, the info can be emailed to them. I'm also going to get some kind of emailed free service relay for the DOW LEAPs Spreads Double-Take Alerts and Complimentary Reports.

I am meeting with Shane from www.CoveredCalls.com at the Las Vegas Money Show in May, 2001.

Will be reading and talking to you all!