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To: re3 who wrote (81078)12/23/1999 9:27:00 PM
From: KeepItSimple  Read Replies (2) | Respond to of 86076
 
>there's the best plan i've heard all year...

no, the best plan is to buy 30 point out of the money calls on anything even remotely related to tech or the internet.

guys, PLEASE listen to me. our markets have reached such a critical mass of public participation that they will NEVER GO DOWN AGAIN. this thing is going to suck every penny from our economy before it finally explodes and destroys capitalism as we know it.

BUY THE DAMN CALLS.

you cannot win by being short. when the day finally comes where your puts would theoretically make you a billionaire- you'll never be able to collect your profits.

this is going to be the largest single financial disaster in the history of this country. BUT UNTIL THAT DAY, there is no reason to do anything but buy calls. remember, it doesnt matter that you know these stocks are frauds. IT DOES NOT MATTER. a meteor could destroy yahoo's headquarters and all traces of their software and employees from this earth, and within 15 minutes the stock would be upgraded by 3 analysts citing the lower salary expenses and their price targest would be raised by 50 points.

YOU CANNOT WIN. THIS MANIA HAS INFECTED EVERY HUMAN IN THIS COUNTRY. It's not just a speculative bubble anymore, it is part of our society. people never learn. people will not believe that half these companies are complete frauds designed only to sell stock to clueless investors. just as people couldn't possibly believe that government backed loans from the S&Ls would be funneled into corrupt pockets on a daily basis until the whole thing blew up.

BUY CALLS. STOP USING YOUR BRAIN.

there isn't an analyst on wall street left with even the slightest shred of integrity- the massive money made by participating in this epic fraud is enough to turn ANYONE into a .com pimp. you can't watch TV for more than 30 seconds without seeing a mindless ad for another .com with no business plan other than "keep em guessing until my shares vest".. you can't go into a bar without CNBC blaring on the tv. you can't go to a party without everyone talking about internet stocks.

and dont look for the bubble to burst on jan 1 because of people putting off selling for tax purposes. FAT CHANCE.

for every person selling next year, there are 20 more waiting to buy, and that's not even including the tens of millions of 401k plans that pump money into the market NO MATTER WHAT.

basically, give it up. bears are extinct. anyone who is bearish now should save the effort and just throw their money into a fireplace.

happy new year. we're going to see naz 5000 in the first week of january. and that's being conservative.