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gary schrimpf

12/15/02 9:40 AM

#55861 RE: leekramer #55857

leekramer:

<<<Gary: Jerry rarely discusses option "writing." It's been my experience that the pro's write the options; kinda like being a book-maker, taking the "vig," the commission, while 90% of the bettors lose. My best friend was a bookmaker for several decades. He gave me those numbers.>>>

Maybe that was what I was trying to say!

Any how, I have learned a lot over the years from this board and the old SI board. One of the main things I learned was not to try to imitate anyone elses trading style and do what works best for yourself.

In all seriousness though, any help and input is appreciated.

Thanks



Jerry Olson

12/16/02 7:44 AM

#55945 RE: leekramer #55857

lee

excuse me..how can you make a statement like that?

i've been selling options for years..and teaching people how to do it successfully..

it's in my weekly newsetter..as you already know...

in fact a couple of weeks back i said to hedge using Covered Calls as we begin to pullback...

maybe you need to read better....<g>