Silicon Investor (SI) -- The First Internet Community

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.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: W.B. Michaels who wrote (137495)	7/23/1999 3:57:00 PM
From: JRI	Respond to of 176387

Why rates could go lower (helping large-cap growth stocks..)the rest of the year... Remember last Sept/Oct?? The world (supposedly) falling apart....overseas investors not knowing what to do...buying the 30 year treasury...driving interest rates to below 5%?? As rates fell, big cap growth rallied big..... Now, As we creep up to Y2K...uncertainty in many other parts of the world...are their systems going to hold up?? What are the risks??.......I just wonder where "big international money" is going to park their money to ride out the world (possibly) falling apart? (from Sept/Oct. 99- Jan. 00) Hmmm? I argue that the Fed's hands are tied (until after Jan. 1)...and the 30 yr. is going to benefit from a modest, yet continuing U.S. economic slowdown (down to 2.75-3.00% annual growth in 2/3/4Q), lack of Fed action, and safety harbor from foreignors for the rest of the year....the 30 year is heading to 5-5.25% by the end of the year....at worst, 5.50%-6.00%... Biggest danger for market, mostly short-term, IMO, is Hamptons and history....otherwise, market conditions (rates, inflation, earnings) are great....should be a good 2nd half of year..

To: W.B. Michaels who wrote (137495)	7/23/1999 4:35:00 PM
From: edamo	Read Replies (1) \| Respond to of 176387

william...re: options..."buy, hold, scalp" i write 150 to 300 contracts a month on dell...go out to an aug 50 or 55 and "scalp" a 1/8-1/4 premium....even a 1/16 at 6.25 contract x 300 contracts is 1875 ....scale it up based on your holdings, and your dell stock becomes your inventory, buys a whole lot of high test for your prancing horse.....worst case? is that dell runs 15 points in a month....not quite a fate worse then death!!! good luck...ed a.

To: W.B. Michaels who wrote (137495)	7/26/1999 2:57:00 PM
From: rudedog	Read Replies (1) \| Respond to of 176387

wbm - I sold covered calls on some of my position several times this spring. I used as a guideline the notion that if I was called I would be OK with the sale price, so I sold some 50's when we had gone from 47 to 45, sold some 47's at 43, etc. As it turned out, that was just free money. I only exposed about 1/3 of my position as I still am not too comfortable with my "gut feel" on options. On the other hand, a friend did the same thing last year and got called on 10,000 shares just as we were spiking up - that's the downside I guess.