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 : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elllk who wrote (9081)11/3/1997 11:19:00 PM
From: Berney  Read Replies (1) of 94695
 
Larry,

The amazing thing is that I've made quite a few dollars with GE
calls but not a dime with GE puts. Another interesting aside,
during 1996 GE moved in the direction of the market 90% of the time
on and a weekly basis, and 70% of the time moved greater than the
market in whatever direction. I have portfolios that only move in the
market direction 80% of the time.

So, having back-tested 10 years, when my indicator reflects that the
market is going up (about three times a year), I just buy GE calls -
IMO they're usually reasonably priced. Couldn't do it last week
though (chicken).

Enjoy!

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