John if you split them in half but planted twice as many lots you'll have more flexibility!
You seem to have the ranges figured out very well so you should have no problem getting 4% out of each lot, aside from something like the DCR disaster!! I gotta admit though that I could never do this if I had a "real" job!!
5 comments:
Well Joe, I'm holding some SKF calls, WAMU puts, Citi puts and Capital One puts. Pretty heavy right now. Enough that I'm a bit anxious about next week to be honest.
Well, truth be told, I'm working with a lot less than all the rest of you rich guys!
I have 60 SKF shares in 4 lots and just barely got 'in the money' on Friday's close. I use an SMA (20,52) and it just indicated SKF might correct and I also follow RSI which is at 50 - so it's not 'oversold'. MACD shows it's still on the rise. It looks as if it could follow the end of February's head-fake before it hit $150. That would be sweet.
The hard part is being away all day.
Master's Golf. Tiger is -5 and 6 strokes behind the leader at -11. Tomorrow we'll see if he can shave some strokes off that Aussie's swing.
Joe, You used to be an IRS guy? Why'd you quit? Tired of robbing folks? ;-)
I'm holding Jr miners for the long haul. Sinclair points out that the big fish will soon need reserves and they'll bid up these explorers to avoid having to spend the $ to find gold. History repeats.
I'm thinking of exploring CALLS on Jr. miners myself. Anyone have some quick pointers on options? I'd risk a couple grand learning. How far out should one look? Does one spread out in lots as we do here?
I see the runaway dollar fueling the commods train within the next year.
Good for gold:
http://www.bloomberg.com/apps/news?pid=20601109&sid=ayzSmNhAJMug&refer=home
Hi Ron. Looks like I'm in the same boat (hope it's not the Titanic II) as you and Coinlieutenant.
My main fund (small by the standards here) is tied up in an IRA so I'm hampered by Reg-T restrictions. If I book something and then buy another stock I have to hold it for at least 3 days to settle or my account gets restricted. I can game it a bit but it's mostly buy and hold.
I've set up an even smaller account now for active trading purposes. I still can't leave SKF and UYG landmines all over the place waiting for the market to trip over them. At least not yet.
Hopefully, with advice from Joe and the rest here I can grow this puppy big enough to make it worthwhile. But whatever happens I intend to have fun in the process.
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