Stock Attack II - A Complete Analysis Message Board

STOCKTALK

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 : Stock Attack II - A Complete Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JRI who wrote (21990)	10/18/2001 1:53:04 PM
From: donald sew	Read Replies (2) of 52237

JRI, For the NDX, I consider flat to be +/-20 ndx points. With that ugly BIG BLACK CANDLE I have some confidence of further downside, maybe not immediately. I bought back the OCT 32 calls for 1.20 about 1/2 hour ago which I originally sold for 2.35. It wasn't the best price, but my goal in selling callings is to profit about 1.00 per play. Still holding my JAN 2004 25 LEAPs which I originally bought for 9.50. So this play netted me about a 12% gain or I can say that it reduced my cost basis on the LEAPs to 8.35. Im now looking to sell the NOV 30's which are around 3.80-4.00, or I may just close my LEAPs. Haven't decided yet.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next