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.
Non-Tech : Kirk's Market Thoughts
COHR 178.34-10.2%Dec 12 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
Kirk ©
To: Kirk © who wrote (6450)12/22/2018 12:21:17 PM
From: robert b furman1 Recommendation   of 26769
 
HI Kirk,

That is SUCH good advice.

I hope all of the readers put that post into the keeper column.

As you know I keep a lot of cash and use it to collateralize puts with.

My next expiration is January and it looks like I will buy some stocks at some great historical prices.

I made the decision based on Dividend yield - I'd like to buy the stock at that price.

If this market keeps collapsing - I may me happy buying the stock AND it may well be under water.

BUT what it will do is increase my dividend yield so that I can add more shares at a lower price.

You have an excellent system for taking profits around core holdings and buying some add to stocks on dips.

I wished I could remotely say I was a skilled as you are regarding that.

Traders who are upset about what the market has done, need to learn what those who have studied the market over the past years, look at for market direction determination.

Put call is a solid piece of data.

Cheif also like to look at up down volume:

screencast.com

Both are at record levels as is clx.

I believe a reversal is imminent.

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