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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Fintas who wrote (48427)4/10/2013 10:13:10 AM
From: robert b furman  Read Replies (1) | Respond to of 220946
 
Hi Fintas.lol

I've been watching Intc just take off.

It very much looks like pump priming to unload some higher priced stock just in time for an earnings miss.
If so - I'll be waiting in the teens to but stock and sell July,October and January 18's.

This long run has made all of those sold puts turn into money in the bank.

I've not had to buy anything that is underwater and time premium decay has been a good friend.

What's not to like.

Here's hoping for continued prosperity - but declines do happen.

In between I'm building cash.

Like you I'm long term long and what I really want to see is some good ole fashioned irrational exuberance.

Bob