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Re: Selling MU calls?



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Speaking of gods

The Q4 figures will be published by Jan2001.

What use is selling calls when the market rises?

Intel makes chips etc., but manufacturing processors and mobo's are thus not
baking chips alone.

So why wouldn't the chipbakers benifit from their Q4 figures? All this will only officialy
be known after year-end, in Jan2001. ({too} Much can happen in between as well).

Have you all got a chrystal ball that will tell that the mentioned stock is to go
down by Jan2001? If so, show it.
Is it already in a continuoius downtrend? What's its sector forcasts and better, how
is that sectors' chart performance+outlook? If so, show it.

MU what stock is that anyway? 

Regards,
Ton Maas
ms-irb@xxxxxxxxxxxxxxxx
Dismiss the ".nospam" bit (including the dot) when replying.
Homepage  http://home.planet.nl/~anthmaas


----- Oorspronkelijk bericht ----- 
Van: "Gitanshu Buch" <OnWingsOfEagles@xxxxxxxxxxxxx>
Aan: <metastock@xxxxxxxxxxxxx>
Verzonden: dinsdag 26 september 2000 18:04
Onderwerp: Selling MU calls?


> Not wishing to invoke the personality gods here:
> 
> >next  time you do this you need to sell calls against your position to
> >help eliminate a fiasco like you have gotten yourself into.
> 
> How will selling calls help?
> 
> If MU goes to $20, what use are the calls sold with stock at $60?
> 
> If one keeps selling calls as stock drops... why not just go short/flat
> instead of deeper into the hole?
> 
> Gitanshu
> 
> 
> 
> 
>