William( The classiest bear to ever inhabit Dell Land)
We all should and will try to make short term predictions of
a stock price trend, so your ideas are appreciated. Being somewhat of an options player like yourself, the last 6 months have seemed somewhat ratty, but there were enough warning signals along the way to
prevent getting carried away on the short term ones.
It has been rather easy to properly buy at a low, such as under 35, or under 40. But as you say, difficult to decide the sell point.
Because the warnings (trends and analyst comments) were out that Dell would be back down on expiration date.
In reading your post of Aug 8, 1997, it could be noted that Dell gone up over 300%. Which could not have been obvious at that time or people would have sold most other stocks to
invest the money in Dell.
I think the trend will continue( to underrate Dell long term)
while still often overrating it short-term.
Dell has to go up only ~ 88 cents/year ( or 0.02 cents/day) to double my retirement income if the money were all in stock and not partially in options.
That increase (88 cents) seems a safe bet, but meanwhile, a drop in price of $1 in a day is temporarily painful.
Dell has outperformed these falling knives for 20 days, 30,40,
50,60,70,80, and 90 days....
techstocks.com
Buy Dell anytime, play options for fun.
Nice to have you back
Sig
|
