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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Glenn who wrote (86699)	1/16/2000 11:11:00 PM
From: Jane4IceCream	Read Replies (2) \| Respond to of 90042

What to do with CS?? Heck, I sold the last batch I owned right before the close Friday. These rumours have been going on too long for them to be believed now IMHO. The stock usually falls back after a spike. Jane

To: Glenn who wrote (86699)	1/16/2000 11:18:00 PM
From: thebeach	Read Replies (1) \| Respond to of 90042

I think CS will open at $30 and move higher and if the options are an indication we will hear some great news soon

To: Glenn who wrote (86699)	1/16/2000 11:57:00 PM
From: charlie mcgeehan	Read Replies (2) \| Respond to of 90042

glenn that is a very good point. what will everyone do if cs is bought out. i know i discussed this in pm with one of the thread regulars. most folks will simply sell the stock as soon as it reopens and move on to other stocks of interest. if they do this they will minimize whatever profit they have been holding so long for. this is what most people do and that is why many "investors" simply follow the advice of someone. they are unsure of what to do. my advice if i may be bold as to make a suggestion is this. if you think cs will be bought on tuesday or soon i would hurry out to the nearest bookstore that is open tomorrow and buy and read the following book. you can be a stock market genius by joel greenblatt. i am not about to summarize this book as i believe that if people want to make money they have to take responsibility themselves. i will say this - the book is easy to read and understand and IF YOU DO NOT BOTHER TO READ THIS BOOK you will not mazimize this or any takeover, merger, acquisition, spinoff or restructuring. i wish everyone well that is holding cs for a buyout. do yourself a favor and read the book. less than 20 bucks and a few hours of your time. later charlie

To: Glenn who wrote (86699)	1/16/2000 11:59:00 PM
From: Carl van Rooyen	Respond to of 90042

Good idea, Glenn. It is a stock talk thread. So I'll stop my OTs and pop in every once in a while for a little short term stock talk. I no longer own CS so I won't address it. I wish those longs great success with their holdings. I'm short term bearish on the naz, so Friday I aggressively put about half the account short QQQ, the rest cash. I'll cover if it gets over 195 and proves me wrong, but I believe we are due for 15 maybe 20% short term correction within the next few weeks. I don't think it's so much a Fed thing, but the way the naz chart looks and feels to me. This may not interest anyone here, but it's my major play for the short term. I think the comp needs to come back to the 50 day MA for recharge, and soon. A consolidation in that area, and then another major surge to fully and finally digest 4000. That's my take. Not exactly unique thoughts, but what I brought to contribute for stock discussion today.