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: Zach E. who wrote (5001)9/25/1997 12:45:00 AM
From: Douglas Webb   of 14162
 
I noticed that VectorVest equates volatility with risk too. That makes sense, given their investment approach, which is a buy and hold, medium to long term method. For our needs as CCers, we need that volatility, because we have the tools (and stomachs) to take advantage of it.

I was mostly interested in the first number they put out, the estimate of the company's actual worth. I tried a few stocks that my program had put out as Buy-Write candidates, which were all in the $9-$15 range. VectorVest said they were all worth less than $2. That's a nice clear signal to stay away if I've ever seen one.

BTW, I was able to get more evaluations done. I guess it's not 10 per day; maybe its 10 per hour instead.

Doug.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext