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


To: TShirtPrinter who wrote (875)5/31/2001 8:22:17 PM
From: JohnM  Respond to of 5205
 
Tony,

That's a bit of my background, too. I just don't have the 98 QCOM buildup. Bought my first shares in January 2000 (well, save the one's that are in a diversified fund in TIAA-CREF). I'm now retired and wanted--now I'm adding to my lists of aims for cc writing--to use it to smooth fluctations but also to provide some income in down or sideways markets. The latter is not essential but it would make life a bit more comfortable.

I must add that, in addition there's more than a little fun here as well. At least as long as I do well (g).

John