The following results were possible because of the use of the Quotetracker free software progam set to our technical indicators settings and used to see the price pivots trends. There were considerable market ups and downward dumps in 2004 which allow us to write many good LEAPs spreads and buy more LEAPs with the income. Thus, the capital appreciation at the end of 2004 was an extra boost to profits. One should expect to earn150% to 200% return on investment if the approach is applied correctly. As usual, you are advised that past performance is no assurance of  future performance. We listed the trade by trade QQQQ details for all those hard core skeptics.