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: Jim Willie CB who wrote (7830)	3/16/2000 6:26:00 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 35685

TA on major indexes: huge reversals (nobrainer) Naz opened up 75, went down to minus 130, closed up 135 that is a loud bombastic technical reversal volume was 2 billion shares Naz corrected on intraday basis about 11% seems like market waited for the 10% level have seen three 10% corrections to Naz in y2000 now ready for assault on Naz 5500 who gives a shit about Dusty Dows, but got some comments up 800 pts in two days, sure, sustainable, sure (jerk me) occurrence prior to triple witch is highly suspicious next week we resolve this overbought situation biggest observation in my mind is the behavior of NYSE banks they are now rallying nicely, which has some big meaning financials rally hard & fast as signal that interest rate concerns are ending the Fed and FedWatchers might be leading us to expect several rate hikes I dont buy it expecting hikes is healthier than actually seeing rate hikes I still expect slightly slower economic data in coming months after a few Fed rate hikes, we are soon to see their delayed effects today's econ data showed PPI up 1.0% but break it down to see the story core PPI was up 0.3% (excludes oil) but tobacco was up 6%, and is strangely in core dont ask me why tobacco is in core, only 25% of public smokes remove tobacco, and core PPI was up 0% yeah, Greenshit, plenty of inflation there in 2-3 months, expect negative PPI in face of more rate hikes THAT IS THE MINDLESS MISMANAGEMENT IN FEDERAL RESERVE THAT LEADS TO 20% STOCK CORRECTIONS LATER THIS YEAR the bond market focuses upon core tobacco-free PPI 30yr TBond is now down in yield to 6.04% 10yr TNote is now down to 6.24% I dont need to remind anyone that I stated several times in past: expect interest rates to come down, and for oil to peak didnt expect crude oil to go above $30 per barrell though we are a LONG WAY from yields of 6.75% gotta love these CNBC blonde babes Martha MacCallum -- a wet dream Bonnie Behrent -- a classy hottie I couldnt handle Bonnie, but Martha noproblem I would love to make Marty coo / JW

To: Jim Willie CB who wrote (7830)	3/16/2000 6:28:00 PM
From: Voltaire	Read Replies (2) \| Respond to of 35685

Hi JW, If you go the put route, your margin problem will be somewhat exacerbated. I would sell leaps on the Q, that will give you the cash then buy some low priced options like July 180's to give you back a lot of the leverage you lost by selling the leaps, and if there is a big run you will do quite well. As your account appreciates SLOWLY buy back leaps with appreciative value and options appreciation, but the key is SLOWLY. V