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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: bearshark who wrote (17596)1/31/2015 10:04:05 AM
From: Investor2  Read Replies (1) | Respond to of 41041
 
I'll respect them until they are proven wrong.
What S&P 500 level will make you change your mind?

Thanks!

I2



To: bearshark who wrote (17596)1/31/2015 11:06:21 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 41041
 
Could it be??? A diamond top with a measured move to 1820ish???



Message 29921943

GZ



To: bearshark who wrote (17596)2/1/2015 9:05:58 AM
From: robert b furman  Read Replies (1) | Respond to of 41041
 
Hi bear,

YIKES that TBT is a night mare.

There were plenty barfing back in October - look at that volume spike.

I've lightened up since December. Sold out a short term gain on a bunch of Cohu in the December run up @11.60-11.85. Didn't scalp much but lightened up.

Instead of owning the stock I sold some puts 10's, which will expire in February, March, and July

If put to me I'll buy them in the low 9's.That would be about $2.50 - $2.75 lower than where I sold them.

Interesting that you can make 2 - 3 times the dividend by selling puts for 7 months out?

Had quite a few puts expire in December and have not resold.

I've been awaiting some stronger selloffs -like we saw in last October - may be in the cards for February.

The only bad part of the plan is if Cohu has good earnings and goes up to the 14-15b range.

If that's bad I'll be a happy camper.<smile>

Always good to hear your reads bear.

Thanks

Bob