SI
SI
discoversearch

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.
Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (9152)10/28/1998 10:05:00 PM
From: mph  Read Replies (2) | Respond to of 34809
 
Attention IMF, your mission, should you choose to accept it, is as follows:

I have been asked by a student to make recommendations for stock purchases(long or short) for a school contest. It will end in about 6 weeks or so. They're apparently already in the hole. They own the following:

KO, Coke Bottling, Earthlink, King Pharm., SunBeam, Samsonite and Calloway Golf.

They can sell anything and replace it with anything else.

Your mission would be to help me make recomendation(s), given this time frame and the aforementioned holdings.

What do you folks think??????? Due credit will be given to the P&F-ers.

TIA

mph



To: Jerry Olson who wrote (9152)10/29/1998 1:41:00 PM
From: Judy  Read Replies (3) | Respond to of 34809
 
Sweets, very nice on AOL, but if you are holding Nov calls ... take profits soon and then roll into Dec or Jan calls on pullback. You've got to protect my share of the baklava, and Tasty Kakes to boot.

AOL ... I took profits in portions all the way up to 120ish and am holding the last portion of calls finessed into a bull spread. Stock goes up 15 points, I'll close out the whole position or go naked.

btw, I'd expect the bellweathers to stay firm thru tomorrow since end of Oct closes the mutual funds fiscal year, and the overall market should stay firm until after elections next Tuesday.