vepoc, El, Richie, Loki, Jimbo, JB, rudedog, and thread, Many warned that the market was over valued. I kept reading and hearing this advice with a few calling for 10,000 at the end of the year. I felt like the Long Ranger posting the information on this thread. <g>
Now, it appears the market and Compaq will drift lower for a while. How much will we will drift down before we bounce back up? This could be a mute point tomorrow.
I am looking to recoup some shares called due to the untimely surprise by Greenspan followed by a predictable reduction by the Fed this month. (Such are the risks and rewards of selling covered calls.)
I would like the thread's opinion on how low the share price might drop. This would help me determine a good point to recoup my shares. It might also help pass the time. NW |