Invest / LTD 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.

Non-Tech : Invest / LTD

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lucretius who wrote (5245)	11/10/1998 8:19:00 PM
From: waverider	Read Replies (1) of 14427

Not that anyone here would disagree with me but people holding long positions in this market are out of their minds. When stocks like Yahoo crash up $20 in one day and have gone up $100 in less than 4 weeks we are in serious bubble mode. Luc, holding puts or shorts now is equally crazy. This freight train is showing no signs of slowing down. I don't know where you are on your DELL puts, but they would be causing me serious pain right now if I still held mine. Same with INTC. Nothing, I repeat NOTHING, is selling for reasonable prices now except for a few small caps. This market is moving on pure speculation, not reality. I have lost ALL my bearings and have no idea where we are headed. Intel and Dell at new highs? On what kind of growth rate? 30% and 100% respectively? Good God! When reality hits, I sure hope to hell everyone can find a nearby exit. Yeah, there still might be money to be made, but the risk is far beyond the potential gain. I'm day trading ONLY...going for 1/2 and 1 point gains and VERY TIGHT stop loss points. I've been doing this with PMRY with great results. The thought of holding anything overnight gives me shivers. <H>

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next