At this point buying it out would cost me the difference between 56 and 43 anyway so I may as well roll it and let things calm down and see where it goes.

And by rolling it a week I ended up with an extra couple thousand anyway. $43 is awesome. I was happy with $56.

Timing the bottom is never easy. In 2009 I was off by 2-3 days which is as near perfect as you can get.

But if I can get in at 56 and I’m a couple years it bounces back to the mid 80s I will take the 50%.

I rolled apple at 210 and Amazon at 180 too.

I didn’t expect all to come down to that level so I don’t have the money to buy all so I rolled Amazon forward at 175 and it will probably bounce up and I won’t have to buy it.

Then I’ll likely roll Apple and tqqq forward a few times. Buying out. Reselling a week or two later. And collecting a couple thousand each time. And when they get back in the neighborhood buy them at 210 or slightly less. And 56 or slightly less if possible. And that will be the million I have been stashing.

A quick glance at each chart tells me Apple is likely to get back to about $240 so from $210 that’s a nice 15%. And tqqq triples everything up and down. Mentioned that upside already

Java

13ore

Replying to

About dipped to 41.10 at close. I got paid 70 cents a share to buy it at 42. Didn’t make anything. Essentially bought it at 41.30. I like that number.

$250,000

Or so. Shouldn’t take long for it to pop up around $60 and that will be an easy 50% or $125,000.

My big problem is knowing when to sell it. Dump it. I should decide that bin advance and when it gets near sell calls on it. I’m thinking $90 a share

RWC

16ore

That’s only down $42.00 over the past 3 months. I’m pretty sure it’s a leveraged fund that delivers 3X the performance of the Nasdaq index. You don’t want to be on the wrong end of the market owning that fund.

I learned my lesson back in 08 owning SSO another one of those leveraged Ultra funds, and I got killed.

Java

15ore

Replying to

Depends how you see it. Is it borrowed money? Is Nasdaq full of strong companies?

Do you have the stomach to get punched and smile?

Do you have the vision to see hiccups as temporary?

I see this thing falling and have seen this game before. It gets over priced headed to 90. It gets underpriced under 50.

It’s a great time to buy this thing. And I may even wait till it turns around a bit. I moved all my puts of Apple amazon and tqqq to next week and 4/17 to let things settle down a bit.