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.

Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Gersh Avery who wrote (6943)	10/13/1999 9:25:00 AM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 11051

Gersh:" PUTs " >will the brokerages be able to pay off on the puts? oh - no, man... I wouldn't worry about gettin' what's yours from the bookie (^_^) Berney, Bobby and Gonzo so far have called for a market "Top". DJ (most recently) suggests -15% extent from recent high; Berney lookin' for extent on his monthly charts, sees same thing as everybody else, that 15~20% decline in SnP would keep the longer-term bull market UpTrend intact. otoh, I'm way out there in left field. imho, last 9 months has been the distribution phase of our long-term bull market. I'm thinking about things like "the 11 year business cycle" and crap like that, fwiw. Still lotsa waves to ride, in both directions. We'll still have earnings churnings every quarter, and different sectors doing different things at different times. Bellwether stox will remain bellwethers. An investment portfolio consists of stocks, bonds, cash=currency and perhaps, real estate. Kapital is destroyed when one of these things you hold loses intrinsic value. imho, all of these things may lose value; thus, "no exit". There's some mighty fine traders and some great long-term investors in this sandbox... we've been through some terrific downdrafts before and, we'll be OK. I'm just feeling vulnerable, you know what I mean ? -Steve