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

To: Voltaire who wrote (26066)12/19/2000 6:36:06 PM
From: freeus  Read Replies (1) | Respond to of 65232
 
Hi Volt,
What a day.
I sold most of my (including May) RMBS calls this a.m. Kept 30 just in case.
Kept the shares.
Got down to around $32000 in margin debt but that account has 1000 shares of Qcom in it so it ought to be ok.
Things will be looking up soon.
I know because I am calm and happy.
Sleep well. Find a bed, that grate is not good for your health.
Freeus



To: Voltaire who wrote (26066)12/19/2000 6:53:53 PM
From: BirdDog  Read Replies (1) | Respond to of 65232
 
I'm wondering if you still think it will take a little while for this "good news" to sink in with the big money, and thus have some buying on Thu. and Fri.?

From everything I've read on today's decision. They didn't come out and actually say: "our bias has turned to loosening of interest rates". All they said was a bunch of doubletalk that suggested that. Do you have any thoughts on this?

BirdDog


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