Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kirk © who wrote (8220)

3/18/2020 3:00:43 PM

From: John Koligman

1 Recommendation

Recommended By
rdkflorida2

Read Replies (3) | Respond to of 26636

To: robert b furman who wrote (8219)	2/14/2020 2:28:25 PM
From: Kirk ©	of 8457

Wow, $50 would wipe out all gains including reinvesting dividends for a decade! If Coronavirus causes a huge slowdown in China, the ME may pump like hell and we'll see $26 oil and some real bargains in the sector... perhaps even XOM hitting the H&S target down another 50%... but I doubt it or hope against it... that would be too painful for too many. Your method of selling the puts for added yield makes sense, especially after all the work I just did to renew a CD for 6 months at 2.00%. But it is nice to know that no matter happens, after 6 months that CD will return all my money plus 2.00%... I still prefer to take risk with my tech stocks and REIT funds. :) ---------------------------------------------------------------------------------------------------------------------------------------------- So here we are, with oil almost breaking 20 today. Historic one day bear market declines in many energy stocks even after they have already been crushed. HAL I assume no longer even marginable at a share price of 4.75. Amazing. Now we get to find out if some lending institutions are in trouble because of energy...