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.

Pastimes : Making Money and Preserving Capital on the OTCBB Market -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Rumball who wrote (150)	4/17/2000 7:33:00 AM
From: ChrisJP	Read Replies (1) \| Respond to of 268

Hi Wayne, Of course you realize I hold you completely responsible for the market's performance last week. <g> You guys are singling out the OTCBB and their MMs, but it should be clear that in many ways the NASDAQ is no different. I think James B mentioned NASDAQ small cap. He is right. I expect some rallying to occur this week with MSFT, INTC, and other earnings reports coming out. So you guys should have a field day. IMO, don't hold anything more than a few days. Buy this afternoon, sell by Thursday maybe. Or buy and then sell a few hours (or minutes) later. You know how to do that, don't you ? LOL !! Longer term ...... I dunno ..... Full employment, wage inflation, commodity inflation .... only one cure that I know of ... Welcome back and have fun this week, Chris

To: Wayne Rumball who wrote (150)	4/21/2000 9:18:00 AM
From: ChrisJP	Read Replies (1) \| Respond to of 268

Hi Wayne, Well I've been looking at some stuff. I don't think anyone should be scared out of the stock market, but I really think expectations need to return to historical norms. For the past 15 months, the DOW hasn't done squat. And this includes the removal of some dying dogs and replacing them with a few of our best new blue chips. For the past 12 months, the S&P 500 Index is up about 6%. This is despite the fact that millions of Americans are pouring money on autopilot into S&P 500 stocks via their IRA's and 401K. The NASDAQ and the OTCBB just experienced a 6 month speculative period beyond imagination. Bonds appear to be strong despite 4 (soon to be 5) interest rate hikes. I personally think it means that the rich guys have been slowly moving money out while the public has kept on buying. But I don't really know. I'm trying to think what will happen when the investing public realizes that money market funds had nearly equal returns the DOW and S&P 500, without the stress and volatility. And any money they put into the markets since December has returned nothing. And will probably keep on returning close to nothing (if even that) for the next few months. This is just my prediction, but I think you will continue to see some violent trading swings even if the overall trend is down. So you guys will have a field day .... for a while. If we head lower or sideways for more than 9 months, then volume will dry up (as the public gets disenchanted) and stocks will go nowhere. It'll just be you and Lance buying and selling to each other. <g> Then again, 3 months from now, it could all be over and off we go again ! Regards, Chris