VOLTAIRE'S PORCH-MODERATED Message Board

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.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Voltaire who wrote (33533)	3/14/2001 10:18:40 PM
From: Dutch	Read Replies (1) of 65232

Tom, I for one agree and have agreed with your "buy this market" mantra. If one are a net saver and dollar cost average each month and don't load the boat on every dip over a ten year period one will be fulfilled beyond their wildest dreams. This past year I lost over 500k, over the past 10 hell don't even ask (that was good). I did take the opportunity to refinance my home, 15 yrs @ 6.5 (no points etc) and drop a 100k on the loan value. My wife and I still save 4k per month...and yes I dollar cost averaged at naz 3000, 4000 and 5000+. Do I regret it? NO. I'll keep doing it until the cows come home. When the naz got wild (to the upside) my dollar cost averaging was somewhat meaningless. This is where I owe you special thanks. On the way down I wrote covered calls on all, but CREE...God I wish I had. I even started writing 10% deep in the money and did not get called...lol. Keith is a politely bothersome antagonist. Do we need them? yes. To my knowledge you never told keith to go on margin, buy ICGE, SSTI or number of his other holdings. Did he ever write meaningfull covered calls? ATM or ITM...don't think so only his full service SSB VP will know the truth. I would think that his SSB VP (of the whole Southeast) would have talked him out of some of that. Ah...Yes, but the commissions he was generating. That might account for some of their guidance. The most important thing you posted at naz 5000 was when you think you are swimming in money...SPEND and ENJOY some of it. Hope you like your kitchen; I like mine. I have learned many lessons...I helped my mother in-law and she is net up, but not from her highs. lol. Thanks Tom. Regards, Dutch PS I am filing a class action against Battipaglia, Kudlow...etc. rotflmao

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next