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Politics : The Left Wing Porch -- Ignore unavailable to you. Want to Upgrade?


To: hobo who wrote (2179)12/28/2000 3:11:46 PM
From: hoboRead Replies (1) | Respond to of 6089
 
p.s. The "net sellers" of DYN must have taken a beating of late since the stock is up some....

Plus 59 % (from its low in July 27, 00) @ 35.5

Plus 33% (from its low in Oct 26, 00) @ 42.50

currrently trading @ 56.50 plus.

and that in the face of one mean bear market

so much for making money in a trend following stock.

imagine what the options would have return.

ooopssssss

thanks... now i will go and study its chart some more... i think i am going to like selling calls in this stock.



To: hobo who wrote (2179)12/28/2000 4:04:26 PM
From: Raymond DurayRead Replies (1) | Respond to of 6089
 
all i know is that without trading markets, those very same commodities you speak of, at times, could be far, far, more expensive than they are.

Or, as in the case of live hogs, as an example, extremely, viciously cheap. Like in October of 1998, when the market offered 9 cents per pound. Same price as in 1937. And how many family farm operations were crushed by that little market manipulation? Whilst the better capitalized factory farms could weather the storm. (Gosh, now I sound like a Jim Hightower populist, eh?)

have you ever heard of trend following ? Yes, and I've been looking for a predictable one in the tech sector for a few months now. :)

Other than that, I'm afraid I may be wasting your bandwidth. We'll simply have to agree to disagree on the value and validity of the options market.

Ciao