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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (47432)5/30/2001 2:35:20 PM
From: willcousa  Respond to of 70976
 
Simple buy and hold is boring when you are in a one-year now? funk. So I have been writing covered calls on everthing from about last June. I have made about 25% in option premiums in that year and am still holding and have more resources to buy. Did I buy more at the bottom? NEVER. Will I get some stock called away and miss some upside? Probably, but with the option premiums and choice of strike prices I will have exceeded my targets. Becoming less likely every day that I will lose any stock..



To: michael97123 who wrote (47432)5/30/2001 7:19:04 PM
From: Math Junkie  Read Replies (1) | Respond to of 70976
 
"Does anyone believe in buy and hold anymore?"

Brian does! And he has done very well with that strategy.