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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: Bob Smith who wrote (8404)	8/28/1998 10:59:00 AM
From: virgil vancleave	Respond to of 14162

I am kind of bummed now that i see lcos much below my short price and even further below my cover price. Hold on because we are going much lower. Herm's put strategy will make us money. I recommend using it. Or you could do some covered puts if you can find shares to borrow. Here is another one that was on my long list i posted a while back. abtx. it is getting hammered and is now becoming undervalued. not sure where the bottom is though. It just keeps violating support and is in freefall. Kind of like catching a fallling knife if you try to go long. But the covered put premiums are ok and you can always average up. and my tklc is doing well. that is to the downside. I am also short pixr (also down) and lhsg (which is so overvalued that it is just a matter of time) good luck

To: Bob Smith who wrote (8404)	8/28/1998 6:00:00 PM
From: Herm	Read Replies (3) \| Respond to of 14162

One word! TIMBER! To think the chart was telling me $50 would be a possible bottom. When it rains, it pours SHORTs and PUTs. I going to change the W.I.N. to W.I.N.S. for two reasons. First, I don't want to be associated or mistaken with Wade Cook's W.I.N. trademark. Second, the S will serve some value to describe sideshows in PUTs and CALLs. W= withdrawing stock prices I= increasing stock prices N= neutral sideway price movements S= sideshows using PUTs and CALLs CCing For More W.I.N.S!