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To: Voltaire who wrote (61546)1/11/2000 7:31:00 PM
From: hroark2000  Read Replies (1) | Respond to of 152472
 
Voltaire:

Why do you think now is the time for the correction as opposed to late spring. Is it that all the inflation and interest rate hike talk will give the houses the opportunity to take things down starting in early Feb. Wish any correction would wait until spring so that I could be on the golf course and not pay any attention.



To: Voltaire who wrote (61546)1/11/2000 7:35:00 PM
From: Boplicity  Read Replies (1) | Respond to of 152472
 
How much of stock have you sold already? in %. Did you do your leap play? By the way you just scaried everyone who listens. If we sell off wed. we can call it the Voltaire crash. Also, a big sell off and this stock will not recover till the end of the year, just too big of a vacumn in the story this year.

G



To: Voltaire who wrote (61546)1/11/2000 7:36:00 PM
From: HairBall  Read Replies (1) | Respond to of 152472
 
Voltaire: A post split high of 200 and a decline to 133. That was a 33.5 percent decline and a 67-point drop. The equivalent of 268 pre split points.

That is almost as much of a decline as you are now calling for in February. Did any of the cheerleaders on this thread alert the thread that a decline of that magnitude was coming, prior to the split?

I do not read this thread completely, so I am sure I missed such an alert.

Regards,
LG



To: Voltaire who wrote (61546)1/11/2000 7:58:00 PM
From: jmac  Read Replies (1) | Respond to of 152472
 
A 40% correction is not an opportunity. If you are right, a lot of folks are going to get hurt. Me included. When are you planning on selling those deep-in-the-money calls?



To: Voltaire who wrote (61546)1/11/2000 11:37:00 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 152472
 
gotta sneak my two cents in here
the selloff in first week of January this month was a warning

I expected about a 10% selloff and quick recovery last week
this is a warning to be heeded
I expect each selloff following runups and stalls to be just as severe (at least)
last week we saw 180 to 140, which is about 23% in decline

next selloff has one more news item behind us -- earnings
the more realized events gone by, the more the selling
lost ambiguity means lost value temporarily

my current plan is to sell atmoney calls
with raised cash, buy atmoney puts
I call it a "cashless hedge with 100% delta"

the more a stock goes up, the more susceptible it is to selling
cannot avoid this truism
the smart will return at lower prices
the sheep will just get sheared

maybe that was three cents
sorry Molloy, you are right -- my TA is pure bullshit
thanks for the thoughtful words, as always

when we meet, the depth of impression I make on you will be inversely proportional to the depth of your thought process

just figuratively, of course
your intellect and breadth is NO match
I dont think you would make a good sandbox partner
/ Jim



To: Voltaire who wrote (61546)1/11/2000 11:57:00 PM
From: Tunica Albuginea  Read Replies (1) | Respond to of 152472
 
Voltaire, it's been an amazing sight to see. We've been calling
you for days now to help us out. Then when you do show up,
now, we can't wait to show you the door <vbg>.

Only in America.

Well I got to tell you that I share your view of
investor Americanicus

He

does not stick around for digestion .

But when all is said and done I totally agree that
MMs can move the market .Houses now have full time day
traders at the desk. You got to be all eyes ( or better yet
all PC ) to beat these guys to the door.

Which is what I intend to do with my humble lot.

TA

Message #61548 from Voltaire at Jan 11 2000 7:09PM

I am not trying to scare anyone, just because I might be considered one of the Cheerleaders on the thread does not mean I am going to be
Pollyanna about a correction. My school of Psychology says they are chomping at the bit to correct it. I am just revealing what I see, I
see nothing
scary about it, I see an opportunity. It should be scary to people who will be misled into thinking otherwise.

V

----------------
To: JohnQInvestor who wrote (61542)
From: Voltaire
Tuesday, Jan 11, 2000 6:56 PM ET
Reply # 61543 of 61653

Hi John Q,

I told a friend of mine on the course yesterday, remember, todays's investor does not stick around for DIGESTION! He called
and
sold yesterday. Remember the Alamo and remember CPQ! My personal opinion is that it is pretty well dead money for quite some
time. It was great for headlines but sorry as hell for the stockholders.