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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: jebj who wrote (10536)	4/24/1999 6:47:00 PM
From: David Wright	Read Replies (2) \| Respond to of 14162

jebj, I have already read it. Two years ago I got sucked into the Wade Cook frenzy...I didn't do the courses, but I did do a subscription to his Board. What a joke. Actually, worse than a joke. After a huge first month of writing calls on every junk piece of stock I could find that had a high premium, I suddenly found myself holding the bag on a bunch that had tanked. I didn't have a clue what to do, so I bailed out at a substantial loss, and only gradually came to realize what had happened thanks to Motley Fool, and a few others. This thread has put me back in the business of CCing, only doing it the correct way, thanks to Herm, and a bunch of other neat people willing to spend time sharing views and experiences. We may not always agree on stuff, like my last post to Herm about option timing, but it is all a form of sharing that's rare in the real financial world.