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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (30317)5/31/2002 7:06:39 AM
From: re3  Read Replies (1) | Respond to of 59879
 
i already own gold shares outright as well...i do not feel i am really risking anything, as this money would either be in t-bills or playing this income/covered calls game...my core position in golds is about 17 % of my regular account and 3 % in my ira which averages out to about 10 %...this is in accordance with the 90/10 concept...however, instead of 90 % in fixed income, i choose to have some of it playing this game...lets say GFI goes to ten...okay, well there would probably still be a 15 strike call out there, maybe for 6 months out where i could still get 2,3,4 % primo...EVENTUALLY i have no doubt my shares will get called away...

anyway as the big V used to say, "you could be right" -g-