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 : Gaming Lottery Corp (GLXW) - Good Prospects?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: White Shoes who wrote (159)1/27/1998 10:51:00 AM
From: Pete  Read Replies (2) of 473
 
I'm working on a strategy to pull some $ out of this thing. The startegy involves using technical analysis to determine changes in phases (i.e. bull to bear, bear to bull, this can be given by tracking the MACD). Simply stated, when the stock price hits a certain level, puts are purchased to "insure" the value of your long position. I tried this strategy the last time this thing ran (spring/summer '97) but I made a few mistakes that I'm attempting to fix this time. In order for me to try this again, I need the stock price to run up about 2 to 3 more points. Now that it appears to be back in a run, I'd appreciate the least amount of negative comments possible. If you have NEW info, positive or negative, please share.

Thanks,

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News