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

To: sylvester80 who wrote (9666)11/30/2001 4:38:56 PM
From: jjstingray  Respond to of 99280
 
Good point. Did anyone hear John Ryding say that equities are most likely going to go sideways all of next year due to valuations. Stocks have already shot their load based on an economic recovery. Now might be the time just to sell covered calls and make some monthly income.



To: sylvester80 who wrote (9666)11/30/2001 4:43:19 PM
From: vampire  Read Replies (2) | Respond to of 99280
 
I disagree - if you think you can sell the horse to someone for 500,000 before it falls to its "intrinsic value"

i'm sure a lot of people think equities are overvalued but are in to "catch the wave"

you woulda missed out on HUGE gains in 1999-2000 if you had your philosophy - which is fine, dont get me wrong...unless you were short


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