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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Lucky Joey who wrote (96755)	2/10/1999 11:04:00 AM
From: edamo	Respond to of 176387

agree completely, but i stick to a basic premise of no body every went broke in taking a profit...many new investors are tainted by the thought that they can reap mid double digit returns every year...i would rather in some instances lock in a 15-20% return and move on to another and another etc....the initial premise of selling covered leaps is to enable one to grow a portfolio with other peoples money, you sacrifice your big gains for the first few years, but then the growth is explosive..i am a long term bull...the use of options allows me to always be bullish...be it up or down..up my portfolio grows...down i add or reposition....don't be blinded by short term...rules aren't rigid, they can be bent within reason to adapt to a situation...but just keep it simple....keep things in perspective...in 1970 a busy day on the nyse had volume of 18mil shares traded for all issues....dell has traded 100mil in one day...easier to make money today due to liquidity of large caps..