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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 (53291)8/4/2013 1:45:16 PM
From: Brian Sullivan  Read Replies (2) | Respond to of 218900
 
I would have asked you what your cost basis was etc etc

My cost basis is immaterial as all my stock holdings are in tax deferred IRA and 401(k) accounts.
So I'm not pursuing the same "cover call: strategies that you are.
I just want to know the buy points and the sell points.
And my time frame is the next three months or so, not some nebulous time in the future.

If you want to be helpful you would just simply post your buy points and sell points.
I'm not a fan of PM so publicly is preferred, no one will nit-pick if you can just admit that you were wring from time to time.

Currently it seems to me that you just want to always be right and will just extend the time frame as necessary to allow you keep saying that you are/will be right.

No one is always right, I'm just looking for people who are right 55% of the time.

In any case I think that the timing of my BAC sale was fine it was at a multi-year high and was extended on May 30th.
Perhaps I should have bought back in late June. That is the kind of calls that I'm looking for from the thread contributors.

I have been buying back positions since late June, For example I bought BLK for $246.95 on June 24th.
So you could say I substituted BLK for BAC, and it is up 16% since I bought it.