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Strategies & Market Trends : Anyone following Capstead (CMO)?? -- Ignore unavailable to you. Want to Upgrade?


To: James H who wrote (125)9/25/1998 5:33:00 PM
From: James F. Hopkins  Respond to of 216
 
Hi James; Well someone is bullish, I sold covered calls today,
March 7.5 @ 1/2, so some one must see $8 by March.
That will be good enough for me, and it gives me time to
think over if I want to buy more.
I had already made up my mind to hold good bad or ugly
even if she went to zero, if I didn't get at least $8.

If she drops again I'll use that call money to buy more,
them vultures don't scare me. If they make up any more
lies they better know how to deal with an old
fisher man. <G>

PS.
A moray eel once made me mad and I skinned that
nasty looking thing and ate it out of meanness.
Yuk, but it is the ultimate in revenge. <G>