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.

Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: Voltaire who wrote (19079)	5/16/2000 5:13:00 PM
From: robjohnson	Respond to of 35685

good call volt, againmyman!

To: Voltaire who wrote (19079)	5/17/2000 11:48:00 AM
From: Venkie	Read Replies (3) \| Respond to of 35685

I am sick to death of the mkts bullshit..geeezus Anyone who listens to cnbc and believes...will pay the price I am just about ready to sell everything and buy a boat...fill it with food ...take a 3/5 yr sail into the wild blue yonder<gg>damn if you do and damn if you don't..The house is going to hurt the economy if they don't quit being so gready...I finally got my porsche back last night after being in the shop for 6 wks....had 2 wks and got into a wreck...I feel jinxed lately.

To: Voltaire who wrote (19079)	5/17/2000 3:17:00 PM
From: CAtechTrader	Read Replies (1) \| Respond to of 35685

Buying more ELON in here 61ish...very typical knock down after hitting the 70 resistance.

To: Voltaire who wrote (19079)	5/18/2000 10:27:00 AM
From: bobkansas	Read Replies (2) \| Respond to of 35685

Tom, I want to thank you again for your encouragement on covered calls. On my mom's 250 k, I have made net 42 k on covered calls over the past 45 days. Not called out on any as have rolled up. More stress but at this point is more fun than watching the stocks themselves. Using BRCM, CREE, GBLX, BMST, JDSU, NTAPM QCOM, and SEBL as the VEHICLES. She is actually thinking of spending some money to take some vacations while she can still get around well at 70 years of age. As to my wife, I have made over 11 k on approx. 100 k of stocks in past 45 days. Using same stocks with addition of ELON. Have rolled up and out on ELON. Deb is now cutting back on work so that she can help on all the housework and be with the kids this summer. Dream come true for her (and me). She is a wonderful woman and I am so grateful for her. I am lucky. THANK YOU AGAIN!!!! As for me. Still a midwesterner working full-time. Still thinking of how to get my 401k and profit-sharing plan money away from the ABA/State Street where they think writing covered calls is too big of a risk. If they only understood options in even the most basic sense of things. What a joke. Anyway, thinking I could quit and rehire on. Problem is could loose vesting time of one year for 401 k and 2 years for the psp. I am our plan's program administrator although our smart office manager handle's all the details. So still thinking on this aspect of things. If any of you have thoughts on this, please post or p.m. me. Really enjoying learning about options. Rolling up or down on covered calls is not as difficult as I thought it could be. Read sections on covered calls from 12 different option books I have acquired. The experience of doing it is much more valuable than the head knowledge obtained. In my own taxable account have bought various calls on NTAP over the past few weeks for 35% and 40% net profit. Could have made much more but trying to "profit often" as RANDE IS on SI says. Interesting to see the greed on the opposite side of the covered call transaction. Greetings to all you regulars on the porch! Bob

To: Voltaire who wrote (19079)	5/22/2000 11:41:00 AM
From: stockman_scott	Respond to of 35685

V: When do you think our friends in 'The Houses' are going to prove that they still know how to shore up the market..?? I'm NOT giving them a passing grade so far <VBG>....they are killing the IPO marketplace and destroying their most lucrative source of income....it will most likely come back but in this environment it will take time.... If everyone sold as much as I have in the last few months the market would be MUCH higher...;-) Oh well, who would want to time this IRRATIONAL market...Enjoy the view from the Porch. Best Regards, Scott