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


To: pinhi who wrote (32469)3/6/2001 11:51:13 AM
From: im a survivor  Respond to of 65232
 
I wrote jan 02 100's on rmbs a month or so ago and got $9.....I didnt want to write next month calls at low strikes in case she ran, but at the same time, I wanted to collect some premium while I let rmbs sit.....as it is, if she hits $100 by january, I will consider buying back the calls or maybe rolling them to a higher strike into 2002.....I did this with several of my stocks.......strike prices at least 100% higher and high premiums were my criteria....I have no idea what the naz or these stocks do by january, but if I am faced with getting called away, thats a problem I wont mind dealing with because it will mean mr. naz had a nice run upward.......added some insp today after watching it for the last month...hopefully she has found a bottom base at the $3 level...and news and numbers sure look very positive....also slowly adding to some icge......in doing DD on all their companies I see great potential.......think stock is very oversold and due for a nice % gain should naz rebound. I also am intrigued that institutions are showing alot of interest as well....I guess they see the bigger picture.....icge has some great companies under it's belt and some great alliances with some big named companies.....I think $10 is a given if naz rebounds nicely and $30 a very strong possibility if naz rebounds really nicely......if it hits old highs of $200, I will run around the porch naked.....don't worry folks, it will probably be a long time before, or even if, icge hits $200, so no need for panic...I probably wont be running around naked for quite awhile, if ever...but even at $30, I'll be thrilled with a ten bagger.....

Keith

Keith



To: pinhi who wrote (32469)3/6/2001 6:18:04 PM
From: Voltaire  Read Replies (1) | Respond to of 65232
 
Great,

I had lunch with a guy today and he ask me what I would do in this market and my reply was - Everything else considered, I do not feel the move upward will be dramatic but gradual and I would WRITE, WRITE and then WRITE some more.

Vster