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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: chic_hearne who wrote (2267)7/6/2000 2:12:46 PM
From: John Graybill  Read Replies (2) of 436258
 
Easy picking for me as 15 of 16 on the SOX are in the green...

ho ho ho NSM is truly the canary in the semiconductor-stock coal mine. :-) Gonna be wipeouts across the board in a couple of months.

Wish I hadn't sold my puts yesterday, but I'm just as happy that I decided to wait for a dead-cat bounce to reload on shorter-term puts instead of buying calls in the meantime in anticipation of a bounce.

The yahoo NSM board is getting pretty desperate. Clowns are being destroyed left and right there. Three posts explicitly report margin calls. Four or five posters are hoping that NSM gets a buyout offer from other chip companies. Apparently they've just about given up on it rising from the grave on its own.
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