SI
SI
discoversearch

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 : Z Best Place to Talk Stocks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Larry S. who wrote (48299)5/29/2003 10:22:42 AM
From: BWAC  Read Replies (2) of 53068
 
Larry,

I am as close to sold out of everything as I will probably ever be. So I don't see much to post about in the value area or fair valuation area. Any trading I do right now is 90% hedged. It may be thru an Option spread. It may be through buying Puts and buying the stock, and then closing the position daily when/if the prices move 1:2 ratio. Nothing exciting. Nothing most anybody wants to trade here. My population for this type trading is basically things like MSFT and IBM or AMAT and KLAC.

I was serious about my Nascar Indicator yesterday on the health of the economy and corporate spending. Its real world info that can be seen. And it is still trending worse.

I could also tell you about the number of idle trucks sitting in the trucking company lot. Ie not carrying freight.

Or the call I got yesterday from the local Freightliner manufacturing plant needing to lease a lot. For the purpose of parking their finshed, but can't sell, inventory. They seem to have run out of parking spaces.

I could say I have zero confidence in the ability, direction, and integrity of Resident Shrub, his previously convicted criminal Lackeys, and their World domination dreams but that is off topic. And surprisingly no one considers it as the biggest drag on the economy since his Dad.

I could say I've often and regularly been wrong in the short term. I could say I've often been right eventually.

I could say that I am being reluctant to recommend anything because this market makes little sense other than the current momentum of the millisecond.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext