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.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (11623)	11/5/2000 9:57:23 AM
From: im a survivor	Respond to of 65232

<<LOL Keith..... FWIW, if you want to take $10k & turn it into $140 - $150k...... might wanna throw your casino money at it, right? One never knows when chit happens....... going out on a limb, sometimes the limb breaks...... OOF :-\| BTW, if you don't like that risk..... but you think the BU$$ is going to run...... maybe try 25% on the May $100's & look at other less casino like plays (ITM's)? Might not net $140k, but should be able to manage the principle better, 'eh? Ö¿Ö>> Oh definately. That was my point...last year, $100k was "casino money"..now $10k is...well $10k is alot of money, but I could still consider it casino money...you know what I mean....and yes agree on the possible hedge of the home run OTM may 100's and maybe some safer ITM calls as a slight hedge. Also, very intrigued by the jdsu march 100's still. I could grab them back for about what I sold them for since jdsu has been stuck in the mud with the whole FO sector and probably make a nice lick by end of january. Also love sunw...she just never seems to disappoint(maybe I shouldnt have said that <ggg>) and with her getting ready to split, she too, should run hard. You know, and I know that a split means nothing has cjanged in valuation, but the psychological effect...folks going "Oh, look, I can buy SUNW for $55"....should have a nice effect. These folks dont look at anything but price, so SUNW should have a strong 3 or 4 months ahead as well......anyway, lots of stuff looks intriguing. I am trying to balnce myslef with a few hopeful home run plays, some steady goliaths and some value plays that have huge upside potential eventually. After Jan or so, I will choose what to hold and what to sell, but will sell enough to have cash on hand for oct, and will do a little cc writing and etc......until then. I say this every year, and then the end of year run makes you greedy, and that "sell when high plan" goes right out the window. this year I have put safety locks on the windows so they can't be rolled down. If we do have a nice rally, I will take profits this time and better position myself for these huge sell off's. Thanks for the advice and words of wisdom... keith