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


To: Lee who wrote (143624)10/2/1999 10:13:00 PM
From: lin luo  Read Replies (3) | Respond to of 176387
 
Lee,

The rules could be useless if you write the no-memory stocks like CPQ. It could take you to the ground just for little premium. For doing so you could easily get hurt. What rudedog did was his first sale. What if DELL goes to 35, I am sure he will sell more. That is the time to eat him up. The trick is to sell different stocks which have long-memory into all different months. Besides, Jan is bad month because DELL reports earning in Feb.

I think the key is what are those stocks with long-memory. It has been proved by the authors of Non-Random Walk Down Wall Street that there is no long-memory stocks. Some evidents also shown from our own Summers before he went to gov.

Well, I have more than twenty stocks puts written, including DELL.