SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RayV who wrote (367)2/28/1997 7:17:00 PM
From: Herman J. Matos   of 14162
 
Ray,

The VIX index stands at 23.46 or -.040. So, compared to yesterday it came down. For the week the VIX was up +1.27 and we see what can happens to prices when the volatility hits. The 10 year T-Bills moved up +.19 to close at 6.55%. That is something we will have to keep a close watch on this next week or two. That interest rate has only moved above the 300 day moving average four times this past year.

The first time was week of June 7, 1996, second time was week of July 5, 1996 technology BIG blow off! That was one heck of a ride down! Again on the week of August 23, 1996 and finally on the week of September 20, 1996. The interest rate since then dropped to a low of 6.040%. Lately, it has been creeping up slowly but surely. Summation, we needed a splash of reality to slow things down. Only the gold and retail sectors moved up this past week. For our ROSS STORES that is good news. We are going to be OK!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext