Effective Collaboration - Team Research for Better Returns: 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 : Effective Collaboration - Team Research for Better Returns:

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Ox who wrote (5330)	10/18/2017 11:07:00 AM
From: robert b furman	of 8288

Hi OX, Great post and fair observation of an over bought market. I've sold some juicy calls that expire out into January and February. Deferring the gains into the next year. I'm on the same page as you - really would like to see a reset of Macd - much like we had after the run up in June 6th ish - we then settled nto a reset into July 8th ish. Some unique runs this month in that we were up into WWW and have so far extended into expiration this week. MM's need some new discounted inventory - expect an adjustment after Friday's expiration. Today's surprise build in futures this morning smacks of a build up of shorts capitulating vs the very nice grind em up run we've had up until today. Just a note of market change. This may be the big enchallada - but I hope it is just time to breathe in breathe out. I've got a gut feeling we'll have a fast and shallow reset - hopefully give a trade to buy back the calls I've sold. If not I've taken some first long term profits on some loong term core semi stocks that represent a double Cohu and a triple Brks. Trying not to panic and yet not to be blinded by greed! Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next