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


To: Uncle Frank who wrote (2444)9/20/2001 4:16:09 PM
From: LindyBill  Read Replies (1) | Respond to of 5205
 
I got out Tuesday, and decided yesterday to do nothing for a month. Changed my mind last night and decided to start some short selling in my personal account.

To start with, I sold QQQ short this morning and put in a buy order to cover 75 cents below my purchase. I am part of the way there now, and expect to close it out tomorrow. I am just getting my feet wet. I am more comfortable doing this with QQQ at the moment than any individual stock.

It is really quiet here in Waikiki. The Japanese tourists have stopped coming, The planes that used to deliver thousands each day are now delivering hundreds. The streets are empty, and the Hookers tell me they are about ready to go on vacation.