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To: Denice who wrote (38931)3/4/1999 2:48:00 PM
From: BigBull  Read Replies (2) | Respond to of 95453
 
Denice: There is a "third way" to get "paid to wait". You can write some covered calls until these stocks cross over their 200 day ma. Then forget the trading business and covered calls because the moves tend to be big and go on for longer than you think possible. I use 14 day Stochatics to time the option sells and I don't go out for more than a month.

Don't blame me if you get called out though cause this is my plan. Just remember you can always buy the next dip if you get called.