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Dan,
Sorry about the mix up. I occasionally push the wrong
button(s). Guy's strategy is my strategy: buy way out of the
money puts. Selling calls only leaves you open to an
unnecessary obligation. My only additional thoughts are: 1.
Don't believe everything you read 2. You don't need a
weatherman to know which way the wind blows 3. I think there
might be more real traders at realtraders.
Steve Karnish
CCT
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> From: D.Henderson <hende@xxxxxxxxxxxxxxx>
> To: metastock@xxxxxxxxxxxxx
> Subject: Sell calls??
> Date: Sunday, September 06, 1998 5:54 PM
>
> At 04:17 PM 9/6/98 -0700, Guy Tann wrote:
> >OK Steve
> >
> >Now I'm confused. What's the date???? October 5 or the
third week of
> >September???
> >
> >The market held our support price, basis S&P futures of 936.
The upside
> >channel resistance is 1076 (approx.). If we get anywhere
near there, I plan
> >on buying a bunch of Out of the Money Puts and hold on.
> >
>
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>
> Guy;
>
> Why not sell a bunch calls and hold on??????
>
> Dan H.
>
> PS: Duhhhh, Stevie, I am not the Dan from Pocatello, ID
USA!!!
> You have NEVER talked to me on the phone!!!
> And, IMHO, after re-reading the PEI info they appear
to be talking
> about trading days and NOT calendar days!!
>
> PPS: To the other Dan on this list:
> Please accept my apologies for submitting a very
"STUPID" question
> to this list. I hope that I did not provide any
inconvenience to you!!!!
>
> PPPS: I must be a little slow!!! I will keep my mouth SHUT
in the future!!!
> ie: No more STUPID questions!!!! (like the one
above??)
>
> DH
>
>
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