Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: 3bar who wrote (4319)	10/5/2016 10:09:40 AM
From: Kirk ©	Read Replies (1) \| Respond to of 26443

I can't say since I never really followed the auto industry other than as a future customer back in the days I designed semiconductor communication products. I do know that for over 20 years, I've generated a ton of alpha and cash from the cycles. I got interested when I started to research options for trading. I saw those were mostly ways to suck money from "investors" with the easiest way to make $1M was to start with $2M and trade call options. Buying highly cyclical stocks, unlike options that lose value to time, don't lose value to time so if you get the cycle wrong, you can hold for the next cycle with no penalty. I know some do well selling calls to pay dividends or sell puts to get paid to buy when low but they are not the way to get 3 to 10x gains like the call buyers are shooting for. That is why selling calls is probably a decent way to make extra $.