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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Herm who wrote (8060)	8/3/1998 11:27:00 PM
From: bill mccarthy	Read Replies (1) \| Respond to of 14162

Herm: Read your response with interest.One thing you probably are right on-selling calls as the price drops would recover a better portion of the investment than just waiting for the stock to come back. Unfortunately, studying BB's & RSI will not keep you afloat when the stock tanks 8 or 10 points in one day on bad news. This news is usually "out of the blue", fooling analysts as well as investors. However, I speak out of turn because I haven't studied your total deal yet. I'll be around for a while, and I do appreciate your time and replies. You people have a great spirit of co-operation that isn't found too often on the bbs anymore. Again, thanks