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


To: Behind Blue Eyes who wrote (5011)10/1/2017 10:52:57 AM
From: Fintas  Respond to of 26439
 
I love the term LOCK. I used to use it often until 2000. I changed it to doable or safe.

RE GE. IF I want to ignore RSI % and just look at strings. It's doable.

IF I want to consider how GE can be pushed around as it was in the past to go to extremes retracing to the 19.44 is doable.

BUT if I want to give an objective view and base it on my many years of being involved with GE. AND if I want to take an entry as I consider long term upside targets as I have with many others such as MSFT/UPS, CAT/BAC. Then I'll stick to my entries presented to buy back what I sold to add to the existing long term position. I'm on record re price points.

BUT if 19.44 is hit for some woos then you will see me buying CALLS as I did on the past woosh from the 28 ish to the lows back in 2015.

How will you know? I'm the guy who will be taking at min 1k to 10k calls. That will be a good eye test for those blue eyes. Smile

Fintas