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.

Strategies & Market Trends : G&G's Riding Lawnmower thread -- Ignore unavailable to you. Want to Upgrade?

To: Rich1 who wrote (1305)	7/30/2000 10:45:28 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 4966

I think that we may gap up tomorrow too. And you are right, I am not expecting another crash. I think that the pros are prepared for this and they are cushioning it with very orderly trading. We lost a pretty decent percentage last week and I never sensed the panic that we had back in April or any of the other recent corrections. Other factors: Greenspan is a smart guy. Though the numbers were not good for interest rates last week, AG knows that the previous interest rate hikes have yet to work themselves through the system and he will risk overshooting his mark by raising rates again. As far as CSCO goes. I wouldn't tell you what to do, but I am not selling. Selling covered calls ain't a bad idea though if properly timed and on a rally. And those August options are losing time value every day....