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


To: Kirk © who wrote (14538)9/30/2022 1:16:44 PM
From: robert b furman  Read Replies (1) | Respond to of 26417
 
HI Kirk,

Those lows provided me the opportunity to sell puts on Dividend Aristocrats. They were not missed opportunities.

They did one of two things.

Allowed a purchase bu assignment, which yielded a nice dividend return out into the future (my long term goal).

Or my friend time decay made the sold puts expire to 00.00 and I got to pay taxes on the kept cash from the sale.

Cheif stays long term bullish, but buys the ES with a tight stop loss, while his overarching attitude is time proven to be bullish, even after a historical down draft like August of 1987.

I'm not on his 800 number, but do enjoy the crowd of traders he collects at The Crystal Ball Forum.

I'm not that nimble to be in and out that much.

I take the slow approach of buying Dividend Aristocrats when out of favor. The enjoy the dividend and reinvest it.

I also enjoy reading your very good TA. When you make reference to a H&S, I pay attention.

My salsa seems to keep my intestines quite clean - no pollups and very regular.

As for removing paint - that's why I can them in glass containers. I'll include a warning label on your next "Taste of Wisconsin". <smile>

Bob