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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: virgil vancleave who wrote (13623)	2/18/2001 8:31:23 AM
From: Victoria Walley	Respond to of 14162

Wow, Virgil! You've made some great calls since last year (that's as far back as my memory goes) and you seem to have a real feel for market direction. I'm not brave enough to openly go short on a stock, but have been dabbling with buying puts. I realize that the strategy is nearly opposite what I do when I am selling covered calls since the time decay works against you. But stock prices certainly seem to fall much faster than they rise - that's the attraction. Especially in this uncertain market. Bear put spreads might just be the ticket for me... but I will have to get a brokerage acct that allows it. Dreaming of the day when I can make 6X my salary... Victoria

To: virgil vancleave who wrote (13623)	2/18/2001 4:29:05 PM
From: jaytee	Read Replies (1) \| Respond to of 14162

Hey Virgil: You are 'da man! Glad to hear you're still doing well. Hey, I was looking at igt and the other one ppdi. They have very similar charts. Here's the one, : stockcharts.com[l,a]wccayimy[pb09!b17!d20,2!b50!b200][vc60][iUb14!Uc20!Lp14,1,3!Ll14,14!La12,26,9!Lg] Are you flat out shorting the stock? What kind of margin requirements needed? Anyway , I like your style (and mindset for the current economic timeframe.) Any suggestions, how us "wanna-be's" could buy puts (possibly a LEAP) I'm GROVELING here for an example .. .. on either ppdi or igt . . . on (based on your experience with these 2 and their resistance points) a good area to pick up a (itm) LEAP, and then sell a nearer term otm leap. Thanks, as I feel Mentally Dyslexic, at times, when viewing PUTS, as opposed to CALLS (or cc's w/leaps). Any scenario you could cook up for me to look at and throw back at you w/ a question or two, would be appreciated. Again, glad you're home . . . not stationed out near the action in Iraq. take care jaytee

To: virgil vancleave who wrote (13623)	2/19/2001 10:59:11 AM
From: Bocor	Respond to of 14162

>>Another one I like is aeos, a retailer. I like it short at 60, and cover in the low 50's. >> Have you looked at the insider sales the past few months? mind boggling. In excess of 3 million shares dumped as I recall, although it is hard to keep up.

To: virgil vancleave who wrote (13623)	2/19/2001 11:12:35 PM
From: StockJock-e	Respond to of 14162

You sound the exact opposite of longs when the Nasdaq was at 4500 and climbing, they were all calling 6500 boasting about huge profits in winners like BRCM YHOO etc... interesting... Don't get me wrong, there are plenty of stocks out there that are in need of some capitulation, but I do not see the Nasdaq hitting 1500 any time soon. The plunge protection team will be working hard over these next two weeks.

To: virgil vancleave who wrote (13623)	2/20/2001 11:07:09 PM
From: Herm	Read Replies (1) \| Respond to of 14162

Hello Virgil and all..... Well, Virgil still batting exceptionally well. It must be all that math training in your background. Nice call again! SHORT PLAY - SFNT The daily chart showing signs of a peak. Very high RSI and OBV. stockcharts.com[m,a]wallyymy[pd20,2!c20][vc60][iUb14!Lg] stockcharts.com[m,a]dallyymy[pd20,2!c20][vc60][iUb14!Lg] SHORT PLAY - IGT stockcharts.com[m,a]wallyymy[pd20,2!c20][vc60][iUb14!Lg] stockcharts.com[m,a]dallyymy[pd20,2!c20][vc60][iUb14!Lg]