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.

Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: Voltaire who wrote (6302)	3/7/2000 9:36:00 AM
From: candide-	Respond to of 35685

Good morning Voltaire! My fat fingers were not fast enough. By the way, I'm looking at Light Path, do they have CC and if so are you covered? Have a great day, C-

To: Voltaire who wrote (6302)	3/7/2000 9:58:00 AM
From: pinhi	Read Replies (2) \| Respond to of 35685

Hi V, In your response to Len, you said if the stock moves up substantially, you may want to sell the stock early to capture the move. Would you continue the short call position? If you did, wouldn't you take on the additional risk of the naked call? Just trying to understand. Thanks in advance, Pinhi

To: Voltaire who wrote (6302)	3/7/2000 10:44:00 AM
From: ggamer	Read Replies (1) \| Respond to of 35685

Hi Voltaire, I think I know the answer to this but is there a way to magically change common shares to LEAPS without paying any taxes? :0) GGamer

To: Voltaire who wrote (6302)	3/7/2000 10:52:00 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 35685

well, Naz hit 5000 and quite a market response Dusty Dow Rubble drops 300, I love it 8 of 30 Dow stocks are at 52week low Naz catches itself on even day from up 100 pts the more we see Naz pullback intraday and every 3rd/4th day, the better off Naz health will be its 18day MA is about 4650-4675 its relative strength is outstanding and improving Naz has had TWO 10% declines this year alone we are probably due for another soon who knows when? I see the early Feb move to 4500 as a first leg and the move to 5000 as the second leg in progress as in all breakouts, Elliott Wave metrics dictate the sizes in my meagre mind second legs are 50-60% larger than the first leg typically if true to form, look for Naz to reach 5200-5300 minimum then expect a strong pullback loved how the Naz move to 5000 resulted in putting lizards in the graybeards' shorts let those naysayers dance until they buy our shorterm tops in resignation Naz building back from an even 10:30 retrace, now up 25 pts Molloy: in early Feb I said Naz heading to 5000 by Ides of March, probably sooner your sneid reply was calling me a Galvinite (actually a compliment) your attitude was arrogant and supercilious, as usual Mark Twain defines dogmatic: "wrong at top of your voice" READ THIS CAREFULLY: eat me / Jim

To: Voltaire who wrote (6302)	3/7/2000 12:43:00 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 35685

any jackass wannabees notice the Dow bounces today? it lost 300 quickly, then recovered 3/8 of the loss once again, the Fibonacci 3/8 ratio if anyone really is in dire need of the Fibonacci formula for the N-th number in the sequence: 0,1,1,2,3,5,8,13,21,... just let me know, can be arranged / Jimmy Fibo

To: Voltaire who wrote (6302)	3/7/2000 4:56:00 PM
From: limtex	Read Replies (3) \| Respond to of 35685

Vol and friends - Mr G and tomorrow - I must say that late last year I gave Mr G the benefit of the doubt in posts by saying that I thought he wasn't out to kill the markets. I'm not so sure today. A few minutes ago there was yet another commentator ( this time with glasses and a beard so he looked very wise) who said that there was no doubt that Mr G was going to hit not just the market but the high flyers. Amazingly he is after the high flying techs and why? Here is my analysis so far: Firstly there are some commentators that keep saying that if the 'old companies' prospects decline then that must hit the 'new economy' companies who seek to sell their preoducts to the 'old economy' companies. This is a flawed argument. If the old companies businesses start to slow down they will HAVE to buy all the new goodies from the 'new economy' companies ( the high flyers) or they will get hurt even worse. If the old economy companies businesses do not decline then they will still HAVE to buy all the goodies from the 'new economy' companies in order to compete. Yes the prospects for the 'old economy' companies doesn't look very good either way but the 'new economy' companies look good either way. Mr G has just highlighted these dismal prospects for the 'old economy' companies. 1. Interest rate increases and contuinuing threats of them unjustified by known inflation has hit the Dow stocks, the 'Old Industry' stocks.....badly. 2. What is the comparative size of the Dow v. NAZ? Isn't the Dow much bigger than the NAZ both in market cap and in share of the total US economy? 3. Who owns (directly or indirectly) most shares in the Dow? OK put another way what is the average age of the 'Old Industry' investors ( Dow/NYSE quoted) and what is the average age of NAZ investors? And then what is the average age of investors in the real high flyers? My guess is that the average investor in the Dow/NYSE stocks is over 55 maybe even over 60. My guess is that the average investor in the NAZ is less than 40 and further that the average age of investors in the 'high flyers' is even less. If I'm right about the above numbers then it seems to me that Mr G's continual warnings have had the main and significant effect of wrecking the portfolios of a significant number of the elderly, the retired and the soon to be retired. Not exactly what he expected but then if you try to interfere with markets you usually ladn up doing the opposite of what you intended. Well maybe what he should do is simply to get a law passed that it should henceforth be illegal to make over a certain percentage gain on a stock in a given period. Anything above should be confiscated. Best regards, L