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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (11019)12/4/1997 8:18:00 PM
From: TideGlider  Read Replies (2) | Respond to of 25960
 
I don't believe in the selling of naked calls or puts. The reason
being it creates allows those will enough power to totally control
the profit potential of what they sell. If they would like to sell
calls they own or write...fine...but when they sell a good lot and
the price starts to rise all they need do is have an analysts back
it off. In a smaller and more common degree the MMs can hold the price. Especially if momentum is broken. Makes for a fixed game.

Bruce (But that is the way it is... :)