Denny,

I TOTAlLY agree that it works until it stops working. I have changed my approach as the market has changed. Right now, I see a market in an uptrend. The bull call debit gives me a limited risk if I call it wrong or it turns.

Also, I have limited my upside as that is the price I am paying for the limited downside.

IBD 50 is a momentum selection process.

You have talked about naked puts i and covered calls. Is that what you are doing today?

Good luck.

Cheers
Gary