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To: The Perfect Hedge who wrote (10018)1/28/1998 4:51:00 PM
From: Broken_Clock  Read Replies (2) | Respond to of 95453
 
Glen,
I was told "Good news lasts three days, bad news lasts three months".I suppose cause that's when earnings come out again!
It's been three months of bad news.Everyone here that rode that bumpy road down is pretty much shell shocked.However, i agree with P&F and Ron G., the worst is over IMO.The charts look better everyday.I wish i bought FGII at 20 but 25 1/2 look great too.I used to own it at 44!I was able to recoup some of my losses with option plays and i will continue to do so, but I think for the next few months that going long and writing calls is the safest strategy.10-20% a month looks darn good after the whipping I got!
Dave

Glad to see Thean is having a better day!Tomorrow should be fun.