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Re: [RT] qqq



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Yes it is so true that I should have sold out earlier but I like many others deluded myself into believing that this bear market was not going to be as severe or as long as it is. Thus,when all is said and done one should consider repair strategies. The obvious risk is getting stock called away and turning paper losses into realized losses,which I don't need . 

Also ther is a psychological factor to be considered if I sell out, which I agree is the most prudent move, my chances of focusing and getting back in are propbably remote. By developing a covered call program I would be more inclined to watch position and trade around it. By the way this is how specialists trade around their books ex options.

JAC






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