Monday, February 22, 2010

Quiet Day

There isn't a whole lot going on today. The financials are strong, offset by weakness in comodities. There are no attractive covered calls to replace the expired calls from last Fri yet. My basic goal on covered calls is a 1% premium vs 10% call away price upside over 30 days. My target for individual equities in general is a high likelyhood of a 30-40% upside over a 24 month timeframe. Stability in the portfolio is provided by a core position in Mutual Funds.

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