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To: freeus who wrote (1252)5/31/2001 12:04:12 PM
From: Venkie  Read Replies (1) | Respond to of 13815
 
I had a feeling this was going to happen...I sold brcd for no reason but at least at bot sebl at yesterdays low..so I scated...jnpr is another story..made a few points on my pmcs so that helped.



To: freeus who wrote (1252)6/4/2001 8:44:06 PM
From: David Weis  Read Replies (2) | Respond to of 13815
 
actually, selling (or writing) covered calls is NOT the way to go, but it helps....

In my IRA, I cannot buy puts, so if I have a stock which I didn't sell and it has a HIGH base price to me; if it jumps up and the chart looks like it is heading lower, then I write covered calls.

Understand?