my G.E. lies over the ocean
yeah, it is a fast market; I thought you intra-day sto surfin' Dudes liked it that way {grin}
> Got out of KO for a [bone] ... Am currently slightly underwater in VZ, SGP and MCD...
...well, I made a friggin' brilliant paper-trade on AMGN last week (yeah I know, doesn't count :) Lessee, what else... I nailed today's crash and that other nasty down-day last week by reading the VIX and Put:Call tea leaves (did I do anything? uh, no) {blush}
Dude, I am in kapital preservation mode!
MadameGonzo and I spent the day looking at NoCal real estate being dumped on the market by frantic/desperate home owners :-/
> I don't want to talk about my Enron...
...I don't want to talk about my Nortel, either; 'nuff said.
we could talk about accounting, but it's too depressing n'est-ce pas ?
oh, WTH (^_^) let's talk about accounting !
IMHO, (now that we're on the Balance Sheet = B.S. subject) the "other shoe to drop" if'n it does drop will be all these CALL options issued by companies as compensation, incentives, bonuses, etc. -- not being recorded as expenses. You record them babies as debits and we're talkin' CSCO now has a negative Net Worth or something.
They're sayin', "are there other 'Enrons'" or, Balance Sheet = B.S. companies out there ?
...hell... at this point, Berney ~ we gotta ask a different question : "anybody out there actually making money ~ please raise your hands".
-Steve |