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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?


To: Dan Duchardt who wrote (11628)10/5/1999 5:57:00 PM
From: mc  Read Replies (2) | Respond to of 14162
 
Is anyone here looking at Disney at these levels? It is hitting the lower band with a low RSI. I'm thinking of entering a position of a couple of hundred shares in the morning.

Take care all,
mc



To: Dan Duchardt who wrote (11628)10/7/1999 3:06:00 AM
From: Mike T.  Read Replies (2) | Respond to of 14162
 
Thanks for the tip of the hat, Dan. I must credit McMillan and Herm, though. I've learned to approach investing in an entirely new way, and now I make money!

ROST is probably a great CC workhorse, but I'm actually treating it as a long-term investment. I haven't covered my long shares yet, but I will soon, and it will probably be out six to eight months. This is a great company, and it's kind of like having your money in a profitable mutual account.

I'm curious about the interest in Disney. I used to have a substantial number of long shares, but sold for a reasonable profit after the stock did nothing after it split 3:1 earlier this year. Has anything changed in the company that would make it now worth investing? Herm, have you heard anything?

I hope to be able to give back to this forum from which I've profited so greatly. I am working on some research, and will share when I can. As always (and this can't be stated enough), do your own DD.

Mike



To: Dan Duchardt who wrote (11628)10/7/1999 8:58:00 AM
From: Dan Duchardt  Read Replies (1) | Respond to of 14162
 
ROST: September same store sales up 8% from year ago. Total sales up 16% with new stores included.