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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 (8313)	8/20/1998 8:07:00 PM
From: dmd	Read Replies (1) \| Respond to of 14162

Herm, would you be willing to guess what the top of XIRC is going to be? I am still trying to buy those cheap puts. Regards, Paolo

To: Herm who wrote (8313)	8/21/1998 9:06:00 AM
From: Johndee	Read Replies (1) \| Respond to of 14162

Herm, Thanks on your comments on CPQ and CREAF. Now that they're going right for me, I'd like to ask if you'd take a peek at THRT. It's a good roller that I made money on the CCs and the stock. It's kissing the bottom BB, but the RSI hasn't turned up yet.(sideways) You think I'd be jumping the gun to buy now? Usually the Volume will pick up on the turn around, which it hasn't done yet. I'm not holding any right now. Thanks again Johndee

To: Herm who wrote (8313)	8/21/1998 10:22:00 AM
From: virgil vancleave	Read Replies (2) \| Respond to of 14162

Herm, it looks like my tklc is getting into a nice profit zone. Not sure if i will cover and move on or sell a put. I really like the looks of some of the semi stocks as shorts or buyig puts. intc being a favorite here. Another one i am looking at is pmcs or altr. I think that the bad news is still not factored into some of these stocks and longs will be sadly disappointed. Looks like my call on lcos was wrong, but noone is right all the time. I still say that longer term, this one has more downside than upside, but not until all the "hype" is gone. I plan on closing or selling a covered put on it today as well. As I have been saying, the market internals are going from bad to worse and it is far from over. I still recommend the put strategy along with the cov/calls or better yet think about some covered puts. Stocks usually rise much slower than they fall. Always have and always will. There is more good info on this vboard than most of the other ones i use. Herm's links and analogies are quite good and if anyone keeps track, he has been right more than wrong. But as i said, noone will be right all the time. The key is to realize you are wrong, fix it with no or a small loss, and then move on to another profitable position. All the books will tell you this too, but it is one of the hardest things to do since it is very hard to admit you are wrong. Another pick in the electronics industry some may want to look at. I think all the bad news is already priced in and the company seems solid. ticker is hdco. not sure how the option premiums are, but it does trade options. good luck and i hope everyone is making as much as i am on the short side this week.