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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (37053)1/8/2000 11:27:00 PM
From: 10K a day  Read Replies (3) | Respond to of 99985
 
I mean,
Seriously,
Is there really,
Truly,
Infinite Wealth,
I mean is that just a concept,
That i am having a hard time grasping,
I mean,
Can wealth just go on until Infinity,
I mean
Seriously,
I've been struggling with that recently,
And i can't quite seem to get a grasp of it,
I mean,
If someone can cash in 2.4 Billion dollars of
Qualcomm CALLS,
1.7 Billion of
AOL CALLS,
1.9 Billion of
Yahoo CALLS,
All in one month,
I'm thinking,
Wow.
What am i missing,
Where did i miss the FREAKING BOAT,
What planet did i Drive up on,
And crash head first into,
Where is the Wave
to Crush my SKULL
What surf?,
I mean
REALLY!
It's like
What would i do,
If i had 10K Qualcomm options,
Deep
Deep
Deep
In the money,
Coming due this month,
What in the heck,
Would i do with them,
I don't have the money to
Buy the stock,
What would i do with them,
If i had a thousand,
Yahoo options,
That were 300 points in the money,
What in the heck would i do with them,
Geeze,
I don't know,
I don't have the money to buy,
300 times 410 times whatever,
I mean really,
I don't have that kind of money,
Laying under my stinkin' mattress,
I don't even know how to begin,
To determine,
How many dollars it would take,
To exercise 2.4 billion dollars of qualcomm calls,
I mean really,
At the low end of the scale,
We have CMGI with only 441 Million dollars
Of CALLS,
Granted,
I'm sure a lot of it has been hedged,
But i'm sure some of it,
Is just itchy,
Itchy,
Itchy
Fingers,
To unload,
On top of somebody's head,
I don't know,
I just am blown away,
When i look at the numbers,
My mind flashes back to INTEL,
After it's HUGE Mammoth run,
And Tons of Long Term leaps,
Came due,
And what happened,
The stock fell out of bed on options week,
FLAT OUT FELL OUT OF bed,
And it wasn't funny,
And those dudes,
Who held those long term leaps,
Through thick and thin,
They flat out,
Had their long term,
Money,
Lunch,
And everything else,
Eaten,
And i really felt bad for them,
I honestly did,
And i think,
Karma is a difficult thing,
I think it plays itself out,
In ways,
That are not always great,
And i know this sounds kinda
Melancholy,
And i'm sorry for that,
But that's the way i feel,
God Bless.....



To: Lee Lichterman III who wrote (37053)1/9/2000 3:46:00 AM
From: Jacob Snyder  Read Replies (1) | Respond to of 99985
 
re: "Stuart with his multi-color hair "

You know, someday the market's PE will be back at it's historical average, about 15. And when that happens, Stuart will be remembered as one of the glaringly obvious signs of a market top. Obvious.

Think about the pitch in all the online broker's commercials. What are they selling? They are trying to bring out the compulsive gambler in all of us. They are not saying, "establish an account with us to make money." Rather, they are saying, "trade with us, because it's really exciting. Lose your inhibitions. Be a rebel. Be a child. Show everyone what a cool lifestyle you have."

It must be an effective sales pitch, because they're all doing it.



To: Lee Lichterman III who wrote (37053)1/9/2000 7:53:00 AM
From: dennis michael patterson  Read Replies (2) | Respond to of 99985
 
Lee, your depth and rigor are paramount. I cannot argue with you about the technical condition of the market. As you know, I only play the gorillas and, the way I do it, I have consistently made money as these stocks continue to rise. I do trade interim swings up and down (with puts and the occasional short sale). Carpino says we basically go up until April. I have not seen anything as specific as what you mentioned. But if I do get somethig, I'll post.



To: Lee Lichterman III who wrote (37053)1/9/2000 8:26:00 AM
From: HairBall  Read Replies (2) | Respond to of 99985
 
Lee: First if anyone thinks they know the grand plan, I would love to see it put here in Plain Engligh, no graphs, look at this etc, but a we go up/down until ____ then up/down to ____ because of ____ so us communication challenged people can understand. <ggg> I keep seeing forecasts that don't mean squat to me since when I get done with them, I don't know if they are long short or flat. Then I see a week later where everyone predicted it in advance and posted for all to see so we should have known.

If any of the above statement is directed at me, let me know and I will respond.

Regards,
LG



To: Lee Lichterman III who wrote (37053)1/9/2000 8:44:00 AM
From: HairBall  Read Replies (1) | Respond to of 99985
 
Lee: First if anyone thinks they know the grand plan, I would love to see it put here in Plain Engligh, no graphs, look at this etc, but a we go up/down until ____ then up/down to ____ because of ____ so us communication challenged people can understand. <ggg> I keep seeing forecasts that don't mean squat to me since when I get done with them, I don't know if they are long short or flat. Then I see a week later where everyone predicted it in advance and posted for all to see so we should have known.

Better yet, would you post links to some examples of some of the post you are referring to, highlighted in bold.

Regards,
LG