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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Tom Byron who wrote (3426)2/15/1999 11:21:00 AM
From: William JH  Read Replies (1) | Respond to of 81087
 
Tom or anyone - does wave analysis work for produce we buy in the grocery? I hate to admit this, but I just walk into a supermarket and buy apples, bananas, lettuce and the like with no charts or technicals at all. (Don't you just hate to pay 59c lb for something, only to see it plunge to 57c the very next day!)

Perhaps we could use EW to predict propitious buying opportunities, then when prices start to move up, we could sell options against the stash, covered calls. (In the case of bananas the expiration would have to be very short term). Ordinary household budgets could turn into CASH FLOW MONEY MACHINES!!

I know this will work because I saw a guy on TV who has been making 20% a month for years now using these techniques in the stock and real estate markets.

What do you think?