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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: High-Tech East who wrote (39906)12/31/2000 4:46:34 AM
From: QwikSand  Read Replies (1) | Respond to of 64865
 
I faxed that article to one of my brokers. I mean, we all know that stuff goes on, but it's nice to see it spelled out so clearly in the mainstream press.

The guy who's been right all along is dumb old Warren Buffett: don't play poker with a guy named 'Doc', and don't invest in stocks if you don't know what you're doing. And almost nobody knows what they're doing.

--QS



To: High-Tech East who wrote (39906)12/31/2000 10:44:57 AM
From: cfimx  Respond to of 64865
 
>>... woke up early ... to discover a great article in today's New York Times ... what some of us have been saying for a long time ...<<

Did the article cover your gaffs?

what U said was to buy suncom at $55 to celebrate the coming crash in the s & P 500. well, it turns out you are a great contrary indicator.What happened? well it turns out doing JUST THE OPPOSITE would have been highly rewarding. That's JUST how I was positioned. Short suncom and long fairly valued equities. u see, shorting suncom and being invested in decent stocks was a fabulous trade.

what did you "gift" us with next? Well, u "only" bought a thousand or so suncom to celebrate so that wasn't TOO damaging, and u just rolled over your losing put positions. But wait!! Then comes word that the FED MIGHT EASE. Imagine that, a FED EASING RATES! Gosh, u surmised, if they did that stocks might not crash after all.

Now, after much studying of bigcharts and small ones too, we get this. They just may crash ANYWAY. But continue to Hold your suncom, we'll all get out even there.

But now, even in the face of a coming rate cut, the s & p 500 is headed for a waterfall crash. And by the time Alan and Co. meet to lower rates at the end of January! A crash TO CELEBRATE the coming easing!! Ken's variation on a theme. All great artists have one.

Ken, u take contrary thinking to a new extreme. Have a happy new year. Oh, and don't forget to strap on that crash helmet Tuesday morning for Maria's opening cheer.

PS: Oh and Ken, may I suggest a new thread? Let's call it "HEAR what Ken has to say but be careful not to DO IT!" aka Ken's moderated market and stock calls for the real new millineum.

Ken, there's still time to apologize in front of the thread for calling me everything u could think of to disparage me but twister, which is disparaging enough. come on ken, let 2001 be the year where u prove that u can not only DISH it out when things are going your way, but that u can take it like a man when they don't.



To: High-Tech East who wrote (39906)12/31/2000 6:21:02 PM
From: Charles Tutt  Read Replies (2) | Respond to of 64865
 
It could be a positive thing if people would stop paying attention to analysts. Then again, the masses haven't proven particularly astute.

I wonder if we're going to start seeing massive numbers of personal bankruptcies soon. I wonder how many Microsofties are caught in the situation described in that article that's going around. Locally, I wonder how extended the former Dellionaires are.

JMHO.

Charles Tutt (TM)