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Replies to #36 on Covered Calls
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02/26/08 1:41 PM

#37 RE: Taxmantoo #36

I have a friend -- his 90 y.o mom sold her house for a million bucks in Highland Park -- moved to retirement home... handed check over to broker -- broker has advised son into writing CCs against mom's new stock portfolio -- he said "mom" has been losing about $20k a week since December 20th.