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.
Politics : Ask Michael Burke
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: eWhartHog who wrote (61117)5/31/1999 9:09:00 AM
From: Tommaso  Read Replies (1) of 132070
 
Thanks very much; I have saved your message on my disk.

I think that --as I said-- what I may do is short IIX. Anything that is up 300% in a year is badly overbought--stock or index. Indeed, that kind of rise occurs only in genuine manias. It is quite comparable to when gold rose to nearly $800 an ounce. If I took a short position at its current level, I think I could ride out a 150-point rise and eventually get my margin back. That may seem improbable, but the madness we have seen seems to have no limits.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News