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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (8552)	11/27/2001 10:40:07 PM
From: McNabb Brothers	Read Replies (1) \| Respond to of 99280

I have naked calls sold on a number of stocks, but my top three right at the moment are EBAY, QCOM, and WEBX! These are short term and most all expire in Dec. and a few in Jan.! I'm long QCOM, but have covered calls sold on all my long positions and have written naked calls on additional shares. Hoping QCOM will go to $50 to $55 and I will cover all my naked calls or will purchase QCOM shares to be covered. QCOM is or should say one of my favorite longs going into next year! If we get the correction I'm looking for I will use the proceeds of the call sales to either purchase individual stocks and or will begin to sell naked puts on stocks I want to own! Sorry Mish, I'm just a short term bear for that is what Zeev thinks so I want to think the same way! Now watch us both be wrong! Hank P.S.-EBAY and WEBX are straight out shorts and doubt would ever be a long in one of my accounts! EBAY maybe, but at much lower prices than I think we will see in this correction!