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 : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (89210)	2/5/2001 12:04:37 PM
From: ild	Read Replies (1) \| Respond to of 132070

MB, Very nice piece from Roach today: "The Bubble Fix" msdw.com It looks like he's been reading this and CF threads. In your opinion what is the probability of Gov, Fed, Wall and Main streets actually pulling this anticipated V-shaped recovery? They have been able to keep the bubble for much longer than anyone expected, so why they can't pull the trick again this time?

To: Knighty Tin who wrote (89210)	2/5/2001 1:05:48 PM
From: ild	Read Replies (2) \| Respond to of 132070

MB, What do you think about people's obsession with index funds? I find it very dangerous. Those funds are sitting on huge unrealized capital gains.

To: Knighty Tin who wrote (89210)	2/5/2001 2:10:56 PM
From: ild	Read Replies (1) \| Respond to of 132070

MB, Do you have an opinion on Rubino's medical picks? thestreet.com Thanx - ild

To: Knighty Tin who wrote (89210)	2/5/2001 2:25:07 PM
From: ild	Read Replies (1) \| Respond to of 132070

Semiconductor firm Micron Technology is home to some heavy call options activity despite today's 7.5 percent sell-off. A 4,000-contract block of the out-of-the-money February 40 calls crossed the tape near the ask for a total value of $880,000. As the February options series is set to expire in two weeks, this is an extremely aggressive play. Technically speaking, the equity declined back to potential support at the site of its descending 10-week moving average. I'd think somebody has sold covered calls. What do you think? Who could be on the other side of the trade? I think if it was a sell it should have depressed the stock price. If the specialist bought the calls then he should have shorted the stock. Am I wrong? Thanx - ild