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To: robbie who wrote (15843)1/31/1998 11:45:00 PM
From: Mike Gordon  Respond to of 97611
 
Can't deny your logic. It depends where you set your goals. I look for a return or 35% yearly. The 3% potential each month each month doesn't guarantee you'll get there. You need to watch the trends and issues just about hourly. If you can spend that kind of time with this, you'll identify some opportunities which are no brainers. In hpeace post, he often allueds to these.

The key to what I do is to ensure I get into the equity at a great price. Success is seen with an issue which is well respected, high potential for upward movement, yet each month stays within 5 points of a midpoint.

CNBC is a must, supplemented with CNNfn. SI is the best medium to get a concrete understanding of the issue. You need to filter out the BS and try to understand the tech and upper management comments. If you decide to get into this, establish a goal. Contact me E Mail if you need help.

Mike Gordon



To: robbie who wrote (15843)2/1/1998 12:27:00 AM
From: hpeace  Read Replies (1) | Respond to of 97611
 
robbie, you will not miss out on a run when you sell covered calls.
since you buy an upstrike call on a cpq retreat.
here's the strategy
exchange2000.com