Bests & Worsts Reviews from Amazon

This book is basically the same material that Joe used to sell on his website a few years ago. Not much has been added. As already stated in previous reviews, most of the techniques have been around forever. The CSE fund was one of the big selling points on his website at one time and many people mirrored that account, as did I. It was his "show piece" to prove that his technique worked. Then one day the fund was mysteriously removed from the website, never to return. In my opinion, it was discontinued because it had lost so much value. You can sell calls, but if the value of the underlying stock decreases by 90%, then you still have nothing. I spoke with Joe's broker at OptionsXpress (for the CSE fund) and was told basically the same thing - that the account had just lost too much money. He told me that Joe was "just a good salesman". I traded with Joe for over 2 years. Most of his trades generated income, but the percentage that did not do well really lost huge amounts, more than enough to wipe out the gains. However, those losses were never documented on his site because he never closed them out. He just quietly forgot about them. I personally talked to both Joe and Aaron on the telephone about several of their positions that had "gotten in trouble" and neither one could offer any technique to correct the situation. For those of you who read the book and are thinking about the seminar - been there, done that, feel like a sucker. In short, the book does explain covered call techniques adequately - however, fails to point out the potential pitfalls and risks involved. Earning 5%+ in your investment account every month sounds too good to be true and it is.