Discussion in 'Trading' started by lylec305, Feb 2, 2018.
time to sell otm put and buy otm calls on favorit stocks ?
Exactly, buy on tech stock dips. As far as buy DIA, on dips go for it , even though DIA is weakestt of 3, DIA, SPY, QQQ. Is tues turn around for DIA, dont know; i dont really watch DIA like SPY or QQQ
When do we all determine we have enough stuff? Let's stop buying stuff we don't need, save our money for a rainy day. I wonder what would happen to china then. We should also blame corp america for our/west demise. They are manufacturing wherever is cheapest, forget the people, while lining their pockets.
Turns out it was.
As a short answer: instant gratification. People think short term because one day we'll all be dead anyway and it takes discipline and will power to hold back on unnecessary purchases in exchange for a greater return on investments later. That cultural change won't happen until after the next great depression.
I'm guessing you know how to read a chart
Your guess could be as good as mine,LOL. QQQ could easily make new highs this year;but 10-25%CORRECTions can/could happen more than in 2017. DIA ran up so far + fast in JAN; it could /can turn into a bear market. Even if they kick downTrending GE out of that index [ DIA],NOT a prediction.
NED Davis...... internet ad just noted 10% corrections happens about once a year.
I'm legging in, selling otm puts on my favs. If i get assigned, it'll be beyond 52 week lows...
In a few months from now, we'll check the 52 week trading range and wonder who's the lucky sob that bought at 52 week low. Just saying ...
Since we already have our ration of 10% correction this year, will it be smooth sailing the rest of the year Mr. Turtle?
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