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 : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: kodiak_bull who wrote (22994)4/5/2005 9:01:01 AM
From: aerosappy  Read Replies (1) | Respond to of 23153
 
Kb,

Thanks for watching HD, LOW, FAST, etc.

In my "day job" I do not know when the next meetings, contracts or proposals are coming up. Sometimes I may not see any realtime quotes for two or three days running. Other times we wait....

Thus for me, one way to play FAST today is:

STO April 50 Call
BTO April 60 Call

Based on yesterday's prices, this spread should generate $525 per contract.

I agree with your assessment that the FAST chart screams out "50". The closer we get to that on 4/15/05, the more of the $525 I get to keep. If I am away from the action and someone offers to buyout FAST at $100/share, my "stop" will limit the loss to $475 per contract.

I agree with you and dabum that the above approach is less than 100% satisfactory. It is a strategy partly driven by time constraints and risk tolerance.

Another (perhaps more profitable) approach would be to short FAST at 55 with a stop at say 57.....



To: kodiak_bull who wrote (22994)4/5/2005 9:55:24 PM
From: Libbyt  Read Replies (1) | Respond to of 23153
 
..FA types are, at bottom, story-lovers

LOL!...well what can I say, I've ~always~ loved a good story!!!

In all areas of my life I have always tried to look "at the big picture". To me, both the technical analysis of a specific stock as well as the fundamental "story" that is part of the stock are important.

I realize that the time frame of when I might buy or sell a stock, is probably different than others who post on these boards. I also realize that I can be side tracked by "the story"....so I appreciate the posts by those who buy and sell based strictly on technical analysis.