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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Thomas J. Smith who wrote (27317)1/10/1998 11:54:00 AM
From: McNabb Brothers  Read Replies (2) | Respond to of 176387
 
Thomas,

Wasn't sure what would cause a bear market, but in Aug. is when I started selling naked calls and selling short on DELL! Since then I have sold naked calls each month and they all have expired worthless even though DELL has not gone down that much! You are trying to teach some of the bulls on this thread about the general market conditions and all they want to focus in on is DELL! One bit of advise on that and that is you are wasting your time! I've always said that DELL was a great company, but it would correct as all other companies in a bear market would, but seems some bulls think that DELL is different and it's not! I've started rolling out to the Feb. calls now and selling them naked as it looks as if the Jan. options will expire worthless again for the 6th month in a roll for me now! And I'm still short the stock also! Good luck to you and thinks for trying to help some of the people that are not willing to look at both sides and the whole world situation as it stands today!

Hank