IBM Message Board - Msg: 6157297

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : IBM

IBM 310.49

+0.4%

Dec 9 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bill Martin who wrote (4122)	10/25/1998 7:19:00 PM
From: majander	of 8218

Puts look attractive now. Especially in light of the over extension of the market. I expect to see at least 2-3 days of selling coming up starting monday. Friday was only the appetizer. Could go all the way back down to 115 short-term. Things get real scary around Halloween too. I have been looking for a good opportunity to short the market and this looks like a great candidate to me. Company is way ahead of the fundamentals and the is almost giddy atmosphere about the stock. Which is what I want before I'm short. Time is right to short sale the rallys. Just like it was buy the dips the past few years. But times are a changeing rapidly and the Feds can not move fast enough to stop the D train. That right, a great depression is on the horizon. Great in a sense, it marks the end of the greatest expansion since WWII. It really is funny how people think a week can change the whole economy around. I may take many, many(dozens) months to change it if not years. Get ready for the next down leg folks. Coming soon to a cnbc near you. I'll check in with you folks next week to see who "reaped" the rewards of a major sale, coming to you. VBG Naturally this is all my opinion and don't go out and short sale every stock that you can. I could be "dead" wrong and lose every dime I have earned in the market. But then again, its looking pretty "grim"! RIP The tradin goblin

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next