Hello Don, <<The extreme optimism you ... reminds me of the "New Paradigm" statements so common in the glory days of the Internet Bubble.>>
You are the first one on SI to accuse me of extreme optimism, especially in context of New Paradigm iDotNet and eSlashCom.
At the time, the critical moment, the singularity of inflection, I was asked a question:
http://www.siliconinvestor.com/readmsg.aspx?msgid=12506025
To:LOGAN12 who wrote (3127)
From: Netwit Friday, Jan 7, 2000 8:50 PM
View Replies (4) | Respond to of 5685
Linda, Jay, Crew:
I have to say the last couple of days have been hard, hard, hard. This morning I woke before the market, tiptoed into the library and prepared to exit every position I own. (Fortunately, the market reversed before I could pull the plug.) Now that, my friends, is fear. Now I am trying to find some strategies to manage my portfolio in a fashion that will allow me to sleep. Jay--what timing strategies are you using? What made you get out when you did? Was it as Linda says that overly excited feeling in the pit of your stomach?
<<It almost seems that all knowledge learned throughout history about Human Nature, Anarchy, and Capitalism is being overlooked>>
:0) Yes, that and what I have been learning:
achamchen.com
... and applying at critical junctures, import event horizons, and moments of singularity, when it really counts
http://www.siliconinvestor.com/readmsg.aspx?msgid=12508191
Saturday, Jan 8, 2000 6:35 AM
... On the issue of market timing. We are all market timers. If not, we would all take out the biggest loan we can get and spec it on the market. It is our job to market time, just a matter of degree ...
I learn from folks like this one:
Message 12438115
... leading me to be quite careful, and so far, again and once more, so good;0)
Oh, I forgot, I do tend to hedge, even in the early days ...
http://www.siliconinvestor.com/readmsg.aspx?msgid=11380544
Tuesday, Sep 28, 1999 5:51 AM
My previously mentioned "meaningless" hedge in long NEM shares and short NEM January 17.5 Puts turned out to be not so meaningless last night; will sell covered calls on NEM tonight and put proceeds into either RMBS or more relevant to this board, EGRP.
Chugs, Jay |
