SI
SI
discoversearch

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.
Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: advocatedevil who wrote (56606)11/30/2001 1:15:05 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
(Besides, everyone knows that short-term dark-side trading is the only way to make money in the market!) <g>

I've done well this YTD >40% return without visiting the "DarkSide" shorting. I go into cash and trade in the Cost Averaging Down method. I've about the same amount of stock in this specific account as I did at the start of the year. But, I've 40% more in cash. For these 3000 shares starting the year @ about $40.00, I averaged their cost down to less than about $26.00.

No Dark Side, shorts, no put, nor naked calls.

Once we all agree we have turned around. I plan on buying $12,000 - $15,000 in Leaps two years out, hoping for 300 - 400 contracts. But that buy signal has not shown it's sign yet.

Stan