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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (10974)12/3/1998 5:44:00 PM
From: Ken W  Read Replies (1) of 29382
 
Sergio,

I understood your reading on the T bill. I would not call it the end of the world either, but have done very well this week, thus elected to protect a good deal of money. The same old sky is falling is beginning on CNBC etc. Have you noticed the activity on SI as going to the short side of the market.

The last time all of this happened I was left with many excellent stocks that lost 40 to 50% of their value for absolutley no reason. I do not intend on that happening again.

There was a story today with a follow up segment later tonight dealing with daytraders and the new unit added to the SEC to investigate the practice of these "ticket houses" that provide capital and tech to trade in and out. While I'm not real crazy about the gov't getting involved, I think some of these houses are crooked. But, then we have a good deal of that right here on SI too, huh!

I will not be on much tonight as the Bride and I are going to a stained glass class!! hmmmmmm, maybe something with a dollar sign in it.

Ken
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