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To: ams who wrote (1679)12/9/1997 12:11:00 PM
From: ratan lal  Read Replies (2) | Respond to of 12617
 
ams

<< This is a guaranteed strategy for financial ruin, eventually. This bull market has
saved you 'til now. But sooner or later... >>

Please elaborate. If I was a buy-hold type of investor, I would be buying these stocks anyways. Are you suggesting that buy-hold is a bad strategy??

BTW, I do sell covered calls on my holdings to make money as long as Ihave the stock. I also sell Puts on stocks that I want to acquire. What is your opinion on selling puts to acquire stocks at a price lower than you are willing to pay at any given moment in time?

ratan