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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Voltaire who wrote (9828)10/25/2000 8:55:57 PM
From: pinhi  Read Replies (3) | Respond to of 65232
 
Any Bulls on here? Boy, the place sure is quiet. Must be the sign of a bottom. Bought more EXTR March 70's at the close. Will buy more tomorrow. I DO NOT believe we go straight back up, however. Need base building. These charts are broken. V bottoms rarely work.

Pinhi



To: Voltaire who wrote (9828)10/26/2000 1:07:41 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
Tom, I find your attitude toward Houses as un-Christian, uneven, unfair

I am sure they are replete with nice men and women
who are full of generous motives and excellent abilities
my experience is one where they are typically honest, forthright

I agree with Edamo, in that Houses cannot control the markets
the top 10 Houses may have at least combined $30-50 billion in tradable assets
and a credit line of at least another $20 billion shorterm
but such capital wouldnt really influence this large market
in concerted efforts, they couldnt budge INTC by more than 1/4 point or so

they would never load up on highly leveraged options prior to making valuation based upgrades
that wouldnt be proper

they would never urge their army of thousand brokers to push and sell some dogshit stock no longer desired
that wouldnt be proper
instead they could easily write off those fecal shares

they would never issue a sour biased tilted report
and then two weeks later issue a promising optimistic report

they really dont mind paying high prices like retail customers
they realize profits should be spread among the masses, one and all

please attempt to keep a magnamimous tone regarding Houses
they represent an essential institution that ensures liquidity and valuable research to our investing public
I dont know where I would be without them

probably a lot richer
insincerely, Jimmy Jackass