Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Trader J who wrote (20050)	9/6/1999 5:28:00 PM
From: LTK007	Read Replies (1) \| Respond to of 56535

Per your Tiger articles,here is nice one--people who bought and held 1,000 shares of Home Depot in 1984 now have 14.5 million dollars at last count:) But because of my age and that I didn't start doing anything until 2 years ago I only need kick my self for DELL and BBY(looking like a short recently) and AOL,and such as their ilk. So my target is simple,have x amount of dollars after taxes in 1-2 years,do this I need to double--but will take a quadruple:) So I will be doing it via trying to be right---but not as trader,but as speculator---I truly believe daytrading and speculation are two different worlds. Right now,my prime question is do I short the market and when,or simply go conservative and stay cash until after the the inevitable bubble breaks and then simply go long. But for me the key point is,I will chase absolutely nothing Buy side at this time. I simply am now using SI to study,study,study--I simply believe there is not one stock running away from me now,that won't be coming back to me:) Max90 BTW I did though buy one small handful of lottery tickets-got 20COMS 32.5Sept calls for a total of less than 400 dollars---expect to lose it--just lottery tickets that's all.

To: Trader J who wrote (20050)	9/6/1999 9:23:00 PM
From: Maarten Z	Read Replies (1) \| Respond to of 56535

TJ- nice article in Tiger.com The October FOMC meeting and then Y2K will definitely be factors weighing on minds of all market participant. The former will obviously be the immediate focus. I will be interested to see how uncertianity in regards to a rate hike plays out against 3rd Qtr earnings expectations. Will one outweigh the other? Or will one magnify the other? If just one more variable is added to this already volatile mix things could really hit a flash point. Perhaps a currency crisis. Looks like the Chinese Govt will not consider devaluing the yuan until next year. The dollar which has been sliding against the yen, seems to have found some support at 109.5 since friday. Of course matters can always change quickly. Or perhaps a financial market crisis in one of the LDC countries. And while possible new external factors are many and complex, the markets reaction will be simple and swift - bull run or market crash. Whatever the case this 4th quarter should prove to be volatile in the extreme. A daytraders paradise!! Let the games begin! MZ