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To: MileHigh who wrote (7545)9/28/1998 7:47:00 PM
From: jopawa  Read Replies (1) | Respond to of 93625
 
MileHigh,

I think you are right. That's why I sold today. This stock went from 52-72 in six trading days. I've learned to try not to be too greedy, and at least temporarily I was right this time. Now comes the real trick, when to buy back in! 60 maybe, or 70 if it gets away from me. I essentially do the same thing as you, you sell the calls and I just trade in and out. As you know, sometimes it works and sometimes it doesn't! Selling YHOO at 93 on Fri the 18 (yes, I did), didn't work!!

John