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

To: robert b furman who wrote (3995)	4/14/2016 2:56:28 PM
From: Kirk ©	1 Recommendation Recommended By 3bar Read Replies (1) \| Respond to of 26450

Thanks. I used it as an example in my Seeking Alpha sentiment article today of how I use more volatile stocks to trade the ups and downs of less volatile markets like SPY. Long ago I figured out I like individual stocks rather than calls and puts because you can really screw up the timing, which often happens when it breaks trading ranges for new bear markets. If you screw up with options, time value takes all your money. With Lam before it paid a dividend, I'd just have to hold my shares though the cycle and unload the "cheap" $30 shares bought before the bear market AFTER I unload the even cheaper shares I'll buy when the bear market starts to bottom... once under $10 in 2002 but in the 2008/9 bear, I bought other stocks like GE and FNSR that were down even more. It is pretty cool that that last period with two 14% declines in SPX that I got opportunity to buy Lam at $65 and sell at $80 after taking profits on the way up to its record high. Even better is how doing this over and over with many stocks and funds in various taxable and tax deferred accounts, I've done really well. It is good to have people here like you to discuss these ideas and "polish the knife" to do even better. Thanks