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.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: JohnD who wrote (129382)	12/9/2000 3:07:41 PM
From: tejek	Read Replies (1) \| Respond to of 1579770

The NAZ 10 most active AH is a sea of red~ JohnD; It wasn't when I posted yesterday and its not now according to Globex.....see link below. What I saw in AH is profit taking, very typical of a Friday AH during the past few months when profit taking didn't occur during the trading session....of course, depending on your bias you could turn it around and say it was to do to the Bush upset by the FL Supreme Ct. But the current reality is is that economic uncertainties cause very few traders to want to hold significant stock over the weekend. cme.com The truth is is that only the uninformed can possibly believe that the markets malaise these past months is attributable to the possible thwarting of Bush's determined efforts to win this race. And I believe those that insist on being so misinformed due so because it suits their bias. What's most disturbing is that the stocks that do the best when it looks like Bush has won are the tobacco plays like MO. But you all probably think that's a good thing. ted

To: JohnD who wrote (129382)	12/9/2000 3:10:35 PM
From: tejek	Respond to of 1579770

An article by someone who trades for a living and who I suspect voted for Bush. ____________________________________________________________ This Market Is Keyed to the Fed, Not the Election By James J. Cramer 12/8/00 4:39 PM ET Click here for the latest from James J. Cramer. Look, I continue to think this market is not about the election right Now. It is about the Fed. I think this decision does not hamper the Fed. I think the Fed is going to ease. Therefore I am a buyer of weakness. Except for Microsoft (MSFT:Nasdaq - news - boards). We are not perturbed by this ruling because we think we are in a rally mode that will transcend whatever selloff we might get from the Florida Supreme Court ruling. That's why we just brought in some of our shorts down five. That's a gift for us because we don't think that we are going back down 400 NDX points. We want to own stuff for the ease. We don't want to hear the sirens. Come sell me some Juniper (JNPR:Nasdaq - news - boards). Hit me at 155. Hit me Brocade (BRCD:Nasdaq - news - boards)! And let me bring in some of these nastier shorts!

To: JohnD who wrote (129382)	12/9/2000 3:14:18 PM
From: tejek	Respond to of 1579770

And another one.....and I will be in there buying right along with his hedge fund.....which by the way is up 35% so far this year!! ____________________________________________________________ Sell Me Everything You Have By James J. Cramer 12/9/00 10:20 AM ET You don't get gifts like we'll get Monday morning very often in the stock market. Let's quantify the gift. People are so afraid of a Gore presidency that they're totally freaking out and selling everything. That's plain dumb. I worked with the Vice President for many years and know his thinking about stocks and the market in general, and that is a total misread of the situation. More important, for those who read the fine print, a Gore victory is by no means ordained even by the recount, because you get to count all of those thrown-out Jacksonville ballots that probably went for Bush anyway. Finally, a constitutional crisis is not a markets crisis. Heck, we lived through impeachment, we lived through the government shutdown, we lived through a new Fed chairman who didn't understand the markets at first (yes, that was Greenspan) and we will live through this. What matters is what the Fed will do. This "crisis" hastens Fed action because we don't need to slip into a recession at the same time we don't know who is president. This selloff will be my last great buying opportunity as a trader, to take advantage personally and make some money with stocks, before I retire to be an untarnished market commentator who can't benefit from my own calls. So I'm using it. Sell me everything you have, Monday. I want to go out in a blaze of year-end profits. Sell me your Juniper (JNPR:Nasdaq - news - boards) and your Brocade (BRCD:Nasdaq - news - boards). Let me cover my highflying shorts lower. Please!

To: JohnD who wrote (129382)	12/9/2000 3:25:03 PM
From: tejek	Respond to of 1579770

And still another one....and if you think Cramer is the only one, think again.....its just he's the one I can access without wasting a lot of my time on this bullsh*t. The smart $$$ is going in and buying on weakness because a bottom was reached in the past two weeks, and that bottom was reaffirmed by INTC's, MOT's and NSM's reaction to bad news this week! That does not mean the Naz is home free...the Naz will only move up again when there is evidence that tech can show improving earnings once again...but it does say the worst is over. Just remember...stupid is as stupid does!!! ____________________________________________________________ The Weakness Must Be Bought By James J. Cramer Originally posted at 2:41 PM ET 12/8/00 on RealMoney.com Click here for the latest from James J. Cramer. What a massively forgiving market! Yesterday National Semiconductor (NSM:NYSE - news) guides expectations down and today it is up almost 20%. Yesterday Intel (INTC:Nasdaq - news) took away all first-half hope, and today it is up a buck and a half! Earlier in the week Xilinx (XLNX:Nasdaq - news) and LSI Logic (LSI:NYSE - news) "blew up," so to speak. They are now up huge, just huge, and those prices now seem like gifts. I have a word for that. It's called "the bottom." Again, if you want to know why this market bottomed, I urge you to read my most recent version of the checklist that I set up during the bear market to tell you how to determine when you could get bullish again. Now, weakness has to be bought. Intraday weakness. Intraweek weakness, whatever. I feel strongly about this, because you only get the moves like you have seen in a Xilinx or an LSI or an Intel at the bottom. As I predicted, you will hear and see many people all over the place telling you that this is not true and that we haven't bottomed and that the Fed can't help even if they eases. And I will tell you again, you are in The Odyssey. Lash yourself to the mast, stuff cotton into your ears and do not listen to the Sirens . They are only there to confuse you and make you founder on sharp rocks where vultures will peck out your eyes and your innards. I wish I could be more graphic about how wrong the Sirens are, but it is Friday afternoon and I am dog-tired. So that will have to do it.