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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 (2633)	10/11/2001 1:32:16 PM
From: Bob Pittsfield	Read Replies (1) \| Respond to of 5205

True, but personally I don't consider current premiums rich enough to compensate for the risks. I've been writing cc's all year with the firm belief (prayer?) that my underlying positions would recover sooner or later. This is later, and I'm not going to cap my recovery prospects, particularly during earnings season. If you insist in making sensible posts like this you will imho, destroy your credentials to post on this thread. I notice you seem to recognize this as you no longer sign as duf. :) dbp@gothim.com

To: Uncle Frank who wrote (2633)	10/11/2001 2:25:13 PM
From: Brian Sullivan	Read Replies (1) \| Respond to of 5205

This may be earnings season, but we certainly can't expect any upside surprises in earnings to be reported. THe best that we can hope for is some optimistic forward looking statements from management. I that the market will starting heading higher due to the fed easy money policy and US Gov stimulus packages, but I don't believe that earnings announcements in this quarter are going to have that effect, since no one is going to earning any money this quarter (or probably even the next one).