The Gap Message Board - Msg: 3788232

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.

Non-Tech : The Gap

GPS 23.43

-3.9%

Nov 5 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John T. Hardee who wrote (8)	3/20/1998 11:38:00 PM
From: LEE SWIFT	Read Replies (1) of 189

Thanks for the input John. I have been buying the GAP at 43 and selling at 46. I have NO idea where it will go but a lot of times stocks will retrace themselves. That was why I asked what broker recommended that it be sold short. With this market I am reluctant to sell ANYTHING short. I follow about 50 stocks and own about 40 of them. At some time during the year some news will take every one of them down and NOTHING goes up forever. I always buy on bad news and usually sell covered calls against the stock immediately after buying. Each month less than 50% are called so I just sell the next months calls.My IBM 105 March expired today so IF it gets around 104 I will sell the calls again. Often I can do better selling calls than buying and selling the stocks. Sorry I kind of got carried away. Lee Swift

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next