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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: Herm who wrote (12150)1/5/2000 7:09:00 PM
From: mc  Read Replies (1) | Respond to of 14162
 
DIS & IDC

DIS
You're right on the money with the OBV. That's why I think it might keep running up even though the RSI is so high.

Even though it is going up, I wouldn't buy in at this price - DIS projected pretty flat earnings for next fiscal year, they're sitting at a PE of 40+, and I think that there will be better buying opportunities in the future - so I think I'll just let myself be called out. It was a fun ride.

My return is only 50% - not quite as good as your 110%. However, I certainly can't complain about a 50% return.

IDC
Is anyone here playing IDC - I was in and out of the stock about 4 times in the last two years and unfortunately have missed the HUGE move up over the last month. There were a lot of patient longs who have made a lot of money and hopefully some people on this board did as well. It's nice to catch those monster rainmakers every now and again.

Take care all,
mc



To: Herm who wrote (12150)1/9/2000 7:05:00 PM
From: Jonathan Thomas  Read Replies (3) | Respond to of 14162
 
Herm/All

Now that we have seen a small correction, I am looking at some possible plays. I have had a tough time coming up with some good picks. ROST is looking good at these levels, I'm just wondering why it keeps dropping. SKS seems to be a solid bottom fisher, but the premiums are quite low. IFMX is also looking ripe again, but I can see it drpping back into the 8's possibly. It looks like it will go sideways. Anyone have any opinions on these picks. I'll keep looking in the mean time. Thanks...

Ryan



To: Herm who wrote (12150)1/10/2000 11:51:00 AM
From: jaytee  Read Replies (1) | Respond to of 14162
 
Herm: I'm very interested in your DIS play w/leaps. Your post to Dave (11860) awhile back indicated that you liked DIS for a cc workhorse. May I ask what the leaps cost was back then? Compared to now?

Am I right in understanding that your 3 leaps were DIS Jan 02's, not the Jan 01's that you alluded to in this most recent post?
What's your opinion on latecomers enjoying this party?

jaytee