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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Herm who wrote (12150)1/5/2000 7:09:00 PM
From: mc  Read Replies (1) of 14162
 
DIS & IDC

DIS
You're right on the money with the OBV. That's why I think it might keep running up even though the RSI is so high.

Even though it is going up, I wouldn't buy in at this price - DIS projected pretty flat earnings for next fiscal year, they're sitting at a PE of 40+, and I think that there will be better buying opportunities in the future - so I think I'll just let myself be called out. It was a fun ride.

My return is only 50% - not quite as good as your 110%. However, I certainly can't complain about a 50% return.

IDC
Is anyone here playing IDC - I was in and out of the stock about 4 times in the last two years and unfortunately have missed the HUGE move up over the last month. There were a lot of patient longs who have made a lot of money and hopefully some people on this board did as well. It's nice to catch those monster rainmakers every now and again.

Take care all,
mc
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