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.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: marc ultra who wrote (7792)8/16/1999 4:19:00 PM
From: marc ultra  Read Replies (1) | Respond to of 15132
 
Lousy day for anyone looking for a sustainable bull. We're back well over 11K on the slowest volume of the year, negative breadth and down volume exceeding up volume. Wonder if we might be looking at potential of some final testing action here

Marc



To: marc ultra who wrote (7792)8/16/1999 10:10:00 PM
From: Gary D  Read Replies (2) | Respond to of 15132
 
Marc, re: "I want a high cash level now so I can quickly move to a much more heavily hedged and/or somewhat short position should Bob's call or my concern for market conditions warrant."

How much more quickly does a high cash level now permit you to move to a "much more heavily hedged and/or somewhat short position"? I don't understand the relationship.

With about 20 stocks and mutual funds, I believe I could move entirely to cash in about 20 minutes for the stocks and less than a day for the mutual funds. Shorting might take another 10 minutes. Hopefully that will be quick enough in an "emergency". Otherwise, I will gradually pare my holdings if the market rises.

Regards, Gary