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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

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To: Martin E. Frankel who wrote (8354)	10/19/1998 2:36:00 AM
From: gambler	Read Replies (1) of 44908

Marty, No I didn't buy any S&P puts. I only buy puts on individual stocks, like I said WFC. I got out in time with a small loss for Thursday which doesn't come close to cutting into the profits I made the week before on WFC puts, so Thursday's rate cut didn't do much damage. I agree most people are in mutual funds and 401ks, but an interesting fact to add to that is there were billions of dollars of mutual fund outflows last week as investors are receiving their quarterly statements for the quarter ended 9/30/98. I know some people who got them on Friday. --------------------------------------------------------------- Mutual Funds ------------ Week ending 10/13/98 last year: +$0.1 billion Equity Inflows (AMG): -$2.7 billion; prev week: -$2.1 billion moving four week avg: -$1.6 billion for Aug: -$11.2 billion for Jul: +$19.3 billion for Jun: +$19.2 billion for May: +$19.3 billion for Apr: +$26.5 billion for Mar: +$22.9 billion for Feb: +$24.2 billion (ICI) 1998 for Jan: +$14.6 billion 1997 for Dec: +$15.5 billion for Nov: +$18.2 billion for Oct: +$18.5 billion for Sep: +$25.8 billion for Aug: +$14.0 billion for Jul: +$26.6 billion for Jun: +$16.6 billion for May: +$20.1 billion for Apr: +$15.7 billion for Mar: +$10.5 billion for Feb: +$18.5 billion for Jan: +$29.1 billion 1996 for Dec: +$12.2 billion for Nov: +$17.1 billion for Oct: +$13.0 billion for Sep: +$17.4 billion for Aug: +$17.9 billion for Jul: +6.2 billion for Jun: +$14.5 billion Mutual Fund Cash: 5.6% (August); highest since November 1997 Link to this: fiendbear.com --------------------------------------------------------------- None of this has anything to do with TSIG as I have said before I am just backing up my statements earlier about the market in general. Like I said before, I would never sell my TSIG as a result of these uncertain times because it is UNDERVALUED!!! It has much more upside than downside!!! I just don't want to see anyone on this thread be forced to sell their TSIG (at a time when it is maybe their only stock going up) in order to cover their margin calls on other stocks. I think that would be very tragic. Like we both agree Marty, any severe market fall (say 500-1000 points) in one or two days would hurt all stocks. That was the only point I was trying to make in that one post. I see TSIG SOARING from its current prices!!! None of this market discussion has anything to do with TSIG. It is regarding your (not you Marty, everyone's) other holdings which may be overvalued. I agree 100% that it will bounce big after a huge fall and I will liquidate all puts and will be buying calls and stocks across the board and will turn EXTREMELY BULLISH on a dime once prices come down to reasonable levels. We again are in complete agreement with the "blood in the streets" theory. I guess I should have never began this whole discussion and I am kind of sorry that I did because I believe many people will take this as me being down on TSIG. That would be ridiculous. I am not an idiot, I own shares and don't want to lose money so I would never speak against TSIG while holding shares, nor would I have any reason to speak against it if I sold (like some people on this thread like to do). Good luck and take care all... Gambler

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