Hi Chen: I looked at her a few times today but was busy with a penny
stock..Hecha..she getting clobberd on bad news and market over
reacting..I hopped on her and started kicking butt..I kept two buy
orders , and two sell orders running all day..between the spreads..
was jumping between my two accounts and tweaking them.damm I need
two computers to run that right..any way I desided to catch her
going down..and I'm happy with the way the day ended..
You may want to look at her , 11 dollar book value..$1.13 in cash
and selling for $1.25 , too good to be true..but I said that about
SPCO when she was $1 too..
That and I was also trying to milk ATEL..sold my TDW calls..I'v
hit that TDW..now 5 times running..all on calls, the bookie must
sleep half the time..I piddlle arond catch her down and buy them
dirt cheap..every thing from 40s to 50s..<G>
Dumbed some avid puts too..still got some in the money
I didn't sell yet, the 17.5s are still cheap, and she will back
fill that gap..( look at a chart ) on top of that insiders selling
at $19..so AOL I looked at but has not been my favoret play latly
she is not moving all that much..
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Now I'l tell you somthing scary..INTC is looking ripe..the large
caps are lossing steam..they toped as a group tuesday..
if my fund index is not lying..the blue chips are fixing to have
the blues..
Did you set up the "MY YAHOO VIEW"..damm it's nice..and if you
get that program from tucows it updates all day long in the back
ground..crap I have 11 portfolios running at one time in it..
and 147 mutual funds all sorted into sectors..this beats anything
I'v seen so far..and I understand it because I'm the one who
pluged them all in.
BTW..I may have missed a lot this past year but I'm catching on fast
now..the Japanese stocks..did you know we have 26 major ones that
trade over here ?..talk about some missed shorts !..but that may
be history now..but did they ever have some rollers..
do you want the list ?
If you got some spare change pick up some BMG..she's at an all time
low..selling below asset value..insiders buying..also
insiders also buying ECO..and the ATEL I'm playing.
You know how we talk of AOL faking profits on the books..can you
belive I found a company.."hiding" profits so that they show a loss ?
That sort of took me by surprise too..but there it was look hard at
ECOs last ballance sheet, .she declared a loss..when in fact she made
a profit..now why in heavens name would they do that ? <G>
She made a ton on futures..but won't claim it till the date the
contrats would be filled..( yet she aready cashed them in and
got the money )..<G>
That would be like me say having 99 leaps..so I cash them in for a profit, this year, but tell my tax man..hey I don't want to claim
the profits till 99..as thats when the leaps were for..hmmm don't
know ifin that would work or not. < big smile >
What bout some Foreign funds that are scatterd about so bad that
their NAV trails most of the stocks they are in, as they got to
get the reports from seveal places and put it altogether before
they come up with the NAV..and what if I told you I could maybe
not get the exact NAV any faster..but enough of it a full day
ahead to know at 5am just about were they were going to close out the day after that day..,would that be an edge..or not.
shussss..I'v not got it all worked out yet, but it's comming..
for some reason they have a deadline to report their NAV..at about
5:30 pm Eastern..well they don't got it finnished so they roll it
till the next day..and they are always trailing a day..<G>
You would think in the computer age this would not happen, but I got
news for you, most the moneny managers buying and selling tech stocks
don't know crap about computers..or the internet..they just mimic
what the other ones say or do..it's like a nut house..and they go
prozaky wacky..if the puter don't work..most of them don't even
know to check the power cord..and these are the people who tell
you AOL is going to be king..crap I'v hd to set up networks for
these so called experts.they don't even know how to plug in
the phone line ! mybe AOL be king but be a be-headed king..
Wireless Local Loop..thats the future poop..by the time AOL gets the
modems installed..we wont be using modems..a ethernet card tied to
a black box with a small dish pointed at a local server..and no
phone line, Sprint is building it out as I write. Rumor is that
as she builds it out "RADIO SHACKS"..will all be tied to her
backbone..and have the recievers for the WLL boxes..and each
Radio Shack owner will like have a franshise to Sprint.net..the
cute part is it also cuts out the local phone company charging
for all thoes lines that modems hook to. "that is the most expensive
part of the internet" your local telco makes more off the phone
line than the ISP guy does furnishing the server and T1 to the
backbone..and the local telcos wanted to increase the rates, and
or add a tax to modem that use thier lines..I hope this wireless
local loop chokes them to death..and it might..
Jim
PS I don't care about press releases on AOL..except to get the
over reaction..be it a dead cat bounce..or over shoot. But I still
say AOL untill things change is a no no untill she is 20% or more
above her 50 moving averge..scale it out..on the put side..then for
calls she has to just about bounce off it..other than that..the
bookies have to much of a nut on the options to run the risk,
and more people will lose than win. Today may have been a little over
shoot..I was looking for more than I saw..so I did not play her at
all..still got my JAN98 25s, if common sence finally prevails she
will be about $8 or $10 by then. But if common sence prevailed all
the time we would not be ham strung with microsoft or intel.
JIm
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