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 : Three Amigos Stock Thread

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ken W who wrote (6924)7/19/1998 1:41:00 PM
From: Patric  Read Replies (2) of 29382
 
<<... SYBS. I think at this point the stock will begin to roll between 8 and 10 1/2. Playing it as a roller or covered calls should provide a nice steady gain for awhile. >>
I haven't been around since this thread began, nor have I taken the time to read back through the whole thing, but at least since I started following this and several other SI threads this is one of the very few times I've seen anyone refer to rolling a stock. This struck a chord with me because I have never been able to figure out when a stock is going to go into or stay in a rolling pattern, and in fact I think I have lost more money trying to take advantage of a perceived rolling pattern than in any other way. Every time a stock looks to me like it is rolling and I buy it on a dip, it tanks on me big time. So... I was wondering how you identify a stock that is about to roll, particularly when, as in the case of SYBS, the price has not been oscillating to any great degree in the recent past. I hope it is more than just gut instinct, because if it is it wont't ever work for me--my gut is hopelessly incompetent.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext