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

To: Kirk © who wrote (4966)	9/9/2017 2:28:38 PM
From: Fintas	Read Replies (1) \| Respond to of 26439

GOT ME re Synchrony. I'M just a dumb PNFER. BUT I just spent a bunch of time yakking with a friend in Boston re where I felt a safe entry was re GE and what calls/time frame/premium I was considering. Oh this is the same guy I suggested to kick out his GE at 31 because A: I had decreased my position. B I was writing covered calls against the remainder and I expected 24 as SAFE. BOTTOM line is I'm glad Buffet is gone. That just leaves more for me and my friends to buy. SMILE. That large money is going to rotate somewhere where a large float is required and a decent divi is in place. I see GE as I did MSFT after MSFT had run to the low 30's then dropped back to the low 20's. And here MSFT is today as it recently touched 74 and a long ways off those 20's plus divi. OH I expect MSFT to retrace and yup I'm selling covered calls to any nice enough to give me the money up front. Fintas