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 : Underexposed Technical Analysis
AQN 5.865-0.8%2:38 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Underexposed who wrote (588)10/7/2019 6:31:46 PM
From: robert b furman  Read Replies (1) of 914
 
Hi UE,



I'm ending up with this?

But Thank You for the review.

My clx study suggests the next day or two may give us a short term dip. My 2cs study suggests we are now oversold and a resumption of up should be very near.

I'll work on better following your directions.

I can't tell you how much I appreciate your instructions.

My computer skills are learned from the school of hard knocks - no formal training and many people here at SI have graciously shared their knowledge with me over the many years.

At my current age of 67 - I'm definitely computer challenged.

I have yet to find osmosis to be helpful with computers. <smile>

Thank You for the review and the instructions.

Let's get that Cohu cheap and see if we can't end up with a double after holding it for 12 months.

I have sold quite a few $12.50 puts and $10.00 puts that will expire in November and February.

Since I have accumulated a large position already, I'll take some more stock at a great value, or just keep the cash.

Either alternative is most acceptable to me.

I love to sell puts on dips with the hope of getting them assigned to me. I'm also fond of keeping the premium. It took me a long time to figure out the use of puts to buy stock.

I find the value to be exciting when compounding a dip price with additionally subtracting the time value of the sold put.

When one either likes the net purchase price or just keeping the time premium of the put - it takes the fear out of any price action and its associated noise out of the equation.

I've used this approach to build a dividend growth portfolio for us now that we are retired. I've done this for over 5 years and now wish I had learned it decades before.

I guess it's fair to say I'm a late bloomer. LOL

Thank You again for all of your generous assistance and instruction - greatly valued!

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