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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?

To: FaultLine who wrote (856)	5/31/2001 10:42:43 AM
From: JohnM	Read Replies (1) \| Respond to of 5205

During this (overly-)optimistic phase, the buyers are anxious to get in. They think the calls are a great deal and the call writers make them pay for the privilege of owing the call in such an optimistic setting. I see the argument, Ken, just not happy with the consequences. I'm not terribly eager to get into short term market timing strategies. If cc writing calls for that, I may well learn enough so it's available as a tool for what appear to be the right circumstances but use it very sparingly. Early learning stages. John