David,
Let's see who is right this time. I have yet to make a major mistake in the last 6 months and probably I'm well overdue for losing some $$$. Seriously, I am betting that DELL will report 0.29 this time. If DELL is flat until it reports earnings, it has a fat chance of getting to 75 in a hurry. However, if DELL gets ahead of itself and the issue reports less than 0.30, it's set to free fall to 60, from, yeah, 75.
For my own sake, I am willing to have DELL sit still until it reports. According to my information, DELL should report a very good quarter and they will do so in next quarter. After that, it's anyone's guess. Heck, by sticking mostly to DELL, my portfolio is significantly up as compared with what it was since the market crashed in Sept. I have had an increadible year so far and lots of my income came from selling naked puts on DELL, CSCO, MSFT, & YHOO!.
good luck, larry! |