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To: hpeace who wrote (24599)12/10/1997 9:21:00 AM
From: McNabb Brothers  Respond to of 176387
 
steve,

I sleep like a baby every night! And after yesterday I celebrated last night with my family and decided to continue to sell naked calls this morning! My only fear at this time steve is that I'm afraid DELL will drop below $90 by next Friday and I will not get to go short anymore at this time! I might just sell some straight short to be sure this A.M.! You also keep telling us how to put on spreads at different times, but I'm not that smart in timing the market as you are saying to do! I look for trends that may occur over a few weeks to a few months time frame, and like I said I can not time hourly or even daily moves!

You keep saying that the books say this and say that, do you believe that what books say is the only way to trade? I guess I might need to write a book so you can refer to it!

Good luck to you, but I will continue to sell naked calls and have that money credited to my account and if need too I will go short any stocks that go up thru my strick price!

Hank
P.S.-I did have a man tell me that traded futures that he slept like a baby, where he would wake up every hour of the night crying! The only thing was the baby had colic! This baby does not have colic though!