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.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Meathead who wrote (23423)	11/27/1997 12:45:00 PM
From: McNabb Brothers	Read Replies (4) \| Respond to of 176387

Meat, <Being 7000 shares short and having 80 naked calls written against Dell is pure wild ass speculation and very, very dangerous gambling.> Insert the above statement to read as follows: Being 7000 shares LONG and having 80 naked PUTS written against Dell is pure wild ass speculation and very, very dangerous gambling.> I see alot of DELLHEADS that believe in DELL so much they are doing the same thing I'm doing, but long! Also, remember my DELL position is only about 1 1/2% of my total portfolio and I use my shorts as a hedge against my longs, but they have worked out much better than a true hedge the past six years as we have made money both ways! It's kind of like a trend, remember I do not fight a trend and the trend is my friend! I know that just pisses everyone off when you hear that statement, but I a firm believer in it! Hank P.S.-My trading has yielded 6 very very good years of income to me and my brother and we have been in the greatest bull market run ever, so I believe in staying with the winning plan! Thanks for your advise also! One other question to you, if what you are telling me I should do would be so much better for me and would make even more money for me, why are you not doing what you are preaching?