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To: Bull RidaH who wrote (36709)1/16/2020 2:21:31 PM
From: Bull RidaH1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 41413
 
Many of these rallys that don't achieve the upper tine fail upon hitting the mid -tine, which is the expectation for this SPX rally. In the meantime....... the upside to 3420 is free money and all but guaranteed.




To: Bull RidaH who wrote (36709)1/16/2020 3:17:08 PM
From: robert b furman  Respond to of 41413
 
Hi Bull RidaH,

Good to see you posting!

That sure is a pretty weekly chart.

Time to go parabolic? or continue parabolic!

Really expecting a corrective in here,but it may be extending.

I'm thinking you may be sharpening your harpoon?

I've been selling puts again on XOM.

I have some big fat juicy ones expiring tomorrow.

I sold them way back in the December decline of 2018.

Hoping price closes below $70.00 tomorrow. I'd like to get some more of those shares.

I'd much rather buy the stock at a lower net price and get 5.6% yield than have to pay personal income taxes on 20K of premium and then buy the shares at a higher price.

Hoping the California sun is keeping you warm.

Don't stay gone so long.

Bob