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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (2334)11/23/2014 4:52:40 PM
From: Fintas1 Recommendation

Recommended By
toccodolce

  Read Replies (1) | Respond to of 26812
 
RE STOCK.. Whereas I do my own research I don't concern myself with analysts but exploit them whether in STOCK or CALLS..

Re GZ.. That's what I like about him.. He's not fixed in his view. Neither am I if one reads carefully. I'll sell a deep in the money if need and I'll buy call leaps off a pullback. These past years GE/MSFT/BAC/CAT served me well with calls on an expected retrace of a stock.

And as I stated long ago my first put ever was in May ish 2013. It did very well. I'm about to buy SPX puts with time focussed on a target down. NO NOT SPX. 1458. I didn't have to see 1458 for that SEPT 2013 to do well. 1566 was plenty.

I will play canary or have a contact play canary with a contract here or there..

OR I can have a contact or contacts step in.. Thus when I say I don't own doesn't mean someone I know isn't using my research and numbers..

I recently took SQQQ/VIX and change and a bud took SDS. ALL of them near recent lows and all of them down a tad. I see min 50% for each as I expect my work to play out.. NOT tomorrow or next week but in a reasonable time frame

I'll sell the MSFT calls soon.

I'm waiting for retrace in JPM/BAC. I'll go long LEAPS and heavy. Meaning 1k-10kC

And I'm waiting to take DRYS to a DIME.. WINK or am I serious.

I DO GAMBLE but only what I am willing to risk. I can risk what many would think heavy but not in the context of the overall picture. Back in 2007 I had 3M in INTC calls. LEAPS

So I LIKE STOCKS.. and ignore most analysts

Fintas



To: Chip McVickar who wrote (2334)11/23/2014 7:04:26 PM
From: GROUND ZERO™  Respond to of 26812
 
Actually, I'm neither a bull nor a bear, I really don't care what this market does and I have no personal agenda whatsoever... I just follow my model and take every signals as they appear... I find this to be the best policy... this way, I don't have to think or worry, I don't lose sleep, I just follow the signals like a loyal puppy...<g>

GZ