<<Hey Keith, What is going onzzzzz? Don't worry about Tom, he can take care of himself. CNNfn said someone who works at Bear Sterns (no not Angell) was wearing a tux this morning (penguin costume), and has accurately signified market bottoms in the past in such a manner. I myself have gone out on a limb this morning and predicted, in a PM, that we are within 30 or 40% of the bottom - but hoping we have already seen it <g>. One sure becomes circumspect of such pronouncements in a market like this, don't they? When are you going to turn Sun around for me? tim
PS Am still with the huge crowd on this thread who responded to my message in favor of tax cuts. (Might have been a little controversial - but heck, one has to go out on a limb occasionally to saw it off.) >>
Agreed....Tom is a big boy and can take care of himself.....But I did want to make sure he is aware that folks are watching him.....I will even be blunt and go public with this for the first time.....over the last 6 months, many of Tom's detractors have been in touch with me privately. Some have even gone as far to ask if I would be interested in joining a class action suit brought against him. I, of course said no.....I mean regardless of Tom's predictions, I didnt see him sitting here at my computer hitting the buy or sell button, so I dont see how he could be responsible for my actions, but nonetheless, there are people out there that blindly followed Tom and are not happy campers....he knows this and I'm sure he knows that these people will not go away. Regardless, as soon as he popped up a couple weeks ago after his vactaion from the porch, I immediatly started getting pm's.......Anyway, I blame nobody but myself for what transpired last year....yes, I did take some of toms advice, like many of us did, but I did not do so "blindly" just because he said something....I listened to what he, and everybody else had to say, did my dd, made my decisions. I respected toms opinions and yes, they did help weigh on some disasterous moves I made ( rmbs may 75's, elon and etc...), but hey, ya gotta take the good with the bad.....I didnt see tom holding a gun to my head....whatever moves I made, I take full responsibility for....however, not others look at it that way as I've said...many are lying in wait, gathering info, hoping for a time they can pounce on Tom......so, with that in mind, I thought it would be wise to play a little cautious defense, and I hope he does just that. I dont want to see tom stop posting, in fact I hope he starts posting more....but any prediction he makes, for his own good, he should add a disclaimer, even though one is listed on the header of the thread....one cannot be too careful, especially when one knows he is the target of many.
As far as sunw....man, what are you talking about....I am really getting pissed at sunw. It is not doing at all what I would like. Naz gets pummeled, it holds it's own.......man, it's like the one stock I am hoping will drop doesn't....typical of my luck.......Personally, I'd like to buy more common stock at $10 - $15, and I want to pile on those cheap 03 30 and 35 leaps........the cheaper the better <ggg>.......If I had the balls, I wold liquidate everything, and go 1/3, 1/3, 1/3 into those sunw leaps. I use a charting program that does comparissons of option perfromance related to stock price. I was alerted several weeks ago to the potential the 03 sunw leaps have for a very nice appreciation. The cheaper sunw gets, the more this damn program screams at me to BUY!!! <ggg>....I grabbed some at 6ish.....could have sold the next day or day after for 9, but held....bought more at 3.50 and 4.00 and will buy more starting at $2 1/4 if sunw gets taken down and shot anymore....no guarantee's of course, but these leaps represent a great opportunity of large % appreciation, plus, god forbid we are still hurting come 2003, they will be easy to roll up to 04's........anyway....I see nazzy pulled a nice rebound.....man, the traders must be making out like a bandit. margin ( my level isnt high, but....) precludes me from doing too much trading right now for the simple reason I dont want to get caught on a serious downward move as soon as I push the margin...nope, better to be prudent right now, I think....I will buy, but things are going to have to hit my target or I pass......atml at $9, ssti at $7....sunw at $12....03 35 sunw leaps at 2.25....ntap at $20, extr at $12 and a few others....I either get them or I dont.........
good luck to all and hope everybody has a great weekend |
