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

To: lurqer who wrote (29621)	1/21/2001 12:56:18 AM
From: bela_ghoulashi	Respond to of 65232

biz.yahoo.com Thursday January 18, 4:15 pm Eastern Time TheStandard.com Tech Guru Sees Brightening Skies By Vishesh Kumar It's time to buy technology stocks. That's the advice offered by Michael Murphy, editor of the California Technology Stock Letter. Murphy, who also runs a small group of mutual funds from his home base in Half Moon Bay, Calif., thinks there is little chance of recession – and what's more, he blames the stock market's woes in 2000 on none other than Federal Reserve Chairman Alan Greenspan. Despite the widespread belief that the economy weakened in 2000, Murphy points to statistics that suggest the opposite. He believes that, economically, 2000 was a great year. The Nasdsaq's dismal performance, he contends, reflects irresponsible monetary policy by the Fed. Although Greenspan often is perceived as the economy's savior, Murphy believes it was Greenspan's paranoia about the Y2K bug that triggered the Internet bubble in the first place. .............. Murphy says current tech-stock prices offer an excellent buying opportunity. The economy is strong, and historically, the Nasdaq is poised to rise. Murphy notes that this was the worst year in the index's history. The second-worst year, 1974, was marked by a near 30 percent rise the following year. And the market finished in the black for eight out of the next nine years. Says Murphy, "This time, it looks like the Fed might be on our side."

To: lurqer who wrote (29621)	1/21/2001 8:40:28 AM
From: Dealer	Read Replies (1) \| Respond to of 65232

Yes! Back to covered calls and out of the Casino. I think this is what Voltaire is working on also.......that stress free stuff.....sounds good after a year of stress. Thanks for the post! It's a print. dealie

To: lurqer who wrote (29621)	1/21/2001 12:42:52 PM
From: pinhi	Respond to of 65232

You Betcha. Beano on Monday for me! What up ya'll? where is everybody? I just moved to the mountains in North Carolina from Florida. Love it here. May play golf this afternoon. Not a cloud in the sky. Tom, are you there? Pinhi

To: lurqer who wrote (29621)	1/21/2001 1:11:12 PM
From: Uncle Frank	Read Replies (2) \| Respond to of 65232

>> Anyone for a little Beano? Yes, but I'm going to wait for the fed's move first. It's a great advantage to cover on a spike if you can spot one. Do you recall this commentary on calls from dday? Message 15215546 <snip> in reviewing active options accounts on a monthly basis, I can tell you that very few speculators make money buying out-of-the-money puts and calls. On accounts where I gauged performance, I can tell you that I found one speculator who broke even. All other accounts lost. Put sellers and covered writers (same risk/reward metric) made money. Almost all of them profitable. The 'strategy gang' (straddlers, spreaders etc.) tend to profit as well if they utilize 'credit' strategies. The 'debit' gang tend to lose but not that much. <snip> uf