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


To: robert b furman who wrote (3738)1/15/2016 3:30:55 PM
From: Kirk ©  Read Replies (1) | Respond to of 26536
 
Congrats!
I'm getting too old to handle these swings.LOL

Working is a lot of ..... er.... WORK!

I keep thinking I'll lower my exposure to explore stocks and go more towards indexing but it is so helpful to have buy targets to not panic... and fun to get the extra gains, I'll probably be watching stocks in my 90s...



To: robert b furman who wrote (3738)1/15/2016 3:33:04 PM
From: Kirk ©1 Recommendation

Recommended By
3bar

  Read Replies (1) | Respond to of 26536
 
BTW, I added to a position today at a level dead center between two option expiration prices.... I still have an auto buy should that price hit next week or month but we might have dropped BELOW that last option price just due to general panic today so I wanted to use cash to buy. If I had all my cash tied up to back sold put options, I would not have this ability. AND I am NEVER too arrogant to think I can leverage up with margin to call a bottom... I've seen too many lose a bundle this way.