Stock Market Thread - ALL COMBINED
- Thread starter vinnie
- Start date
- Feb 12, 2000
- 10,652
- 39
- 48
- 50
Do you have any thoughts in selling covered calls against GE while you hold it to $30?
If you are planning on holding this for up to two years, you could probably get your cost of your shares down to virtually zero.
You could start with selling 15.00 Jun 09 calls for 0.20.
At some point, you may get called away from the shares, but it's very simple to get back in if you do.
That is a good idea but I don't think I will be doing that.
I got one more stack of cash marked for LEA & I will be done with the market for awhile with summer travel coming soon.
- Feb 12, 2000
- 10,652
- 39
- 48
- 50
First loser of the paper trading experiment. And slightly bigger because I left for lunch without setting stop loss. That's how it goes...
Day 12 Complete: -7.30%
Bought 10 .QQQRJ @ 2.28
Sold 10 .QQQRJ @ 1.93
-350.00 trade
-15.00 commission
To Date Total: +19.60%
Chief Executive Jeff Immelt said on Wednesday that small business demand for credit has begun to pick up after being "nonexistent" in the first quarter.
"Small business demand for commercial lending has grown dramatically," Immelt said in a live interview on CNBC business television.
The head of the largest U.S. conglomerate said he was "encouraged" by the restructuring of the GE Capital finance unit. :0corn
Smurf ! :00hour
"Small business demand for commercial lending has grown dramatically," Immelt said in a live interview on CNBC business television.
The head of the largest U.S. conglomerate said he was "encouraged" by the restructuring of the GE Capital finance unit. :0corn
Smurf ! :00hour
:00hour
gonna try to add today should it dip back down to 13.70 :shrug:
i added yesterday but can't add to IRA (all in). i am playing it on margin in my cash account :SIB
Here's another solid long I'm in SSO :00hour
I positioned my account to a hold account again for a 3 to 4 year period. Got enough cash for 1 or 2 more spots :SIB
As soon as the fear leaves of people losing their jobs they will start spending the economy will pick up & the S&P will boom again. :mj06:
SSO - just my opinion but i'd rather have 3000 shares of AA than 1000 of SSO. i think a safer bet with more potential of a bigger gain in the long haul :shrug:
those ETF's scare the shit outta me.
those ETF's scare the shit outta me.
I like AA too but the S&P is going no where but up long term :shrug: when it get's back to 1400 in 2 years SSO will be around $100 :00hour
- Feb 12, 2000
- 10,652
- 39
- 48
- 50
Personally, I think you will have a better opportunity to buy. Long term, it won't matter too much, but I don't think we go straight up from here. I think we see sub-8000 again for sure.
if we hit 9000 people won't be able to get their money in there fast enough. i quit listening to CNBC and those guys calling for the sky to fall.
