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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: da_cheif™ who wrote (113785)	1/17/2018 1:25:25 PM
From: robert b furman	1 Recommendation Recommended By dvdw© Read Replies (1) \| Respond to of 207364

HEY !! Who's worrying, I'm longer than a donkey in the fillies pasture. <smile> The relentless advance of this wave 3 has made it more than hard to get big premiums in puts. I had sold a lot of puts last year and aimed them to expire into 2018 vs 2017. After Friday (January's expiration) I will have a lot of selling power - to further plan my larceny. There hasn't been a good down into WWW or expiration in quite a while. Not that I'm complaining. I'm used to a little breathe in breathe out - the strength of this 3 -no doubt will give us some more volatility. I'm going to just relax and let the aydis tell me when to sell puts. The one single best event for my portfolio is for the semi equips and chip makers to launch up into another impulsive wave. From my read - most are now just finishing up a C Wave and I'm expecting earnings to be the catalyst for the next wave up. If true it will be an even longer wait for a reset. Only stock that has big premium on its puts is GE - they just canned the fat CEO Immelt who was playing more politics than business. Could be a long wait for a turnaround? Bob