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 Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: advocatedevil who wrote (42266)	2/15/2001 5:22:39 PM
From: Ian@SI	Read Replies (2) \| Respond to of 70976

If you're searching for a positive spin on the NT and Dell news, think to the pressure on the Fed to again cut rates. Currently the gurus are expecting 25 bp, at best, on Mar 20th. With this type of news, perhaps the Fed will be compelled to cut 50 basis points prior to the next FOMC. ;^) I admit one has to dig really, really deep to find that bit of optimism in the NT/Dell News. At best, one could hope that this was already what the market had been expecting anyway. Ian.

To: advocatedevil who wrote (42266)	2/15/2001 7:08:43 PM
From: John Trader	Read Replies (2) \| Respond to of 70976

AD, Although I have used margin for years, I have never shorted a stock. Any advice on that? I understand the overall principle, and of course understand that one's risk is unlimited when you short a stock (i.e. it goes north on you, no limit really). Any tax reporting hassles associated with that? Just looking at these price swings, it seems that one could do ok with that if you really pay attention to this volatile market. Also, I wonder if you do trades after hours? With my broker I can trade stocks till 6:30pm eastern time via a live broker, but have so far traded only during normal hours. Another thing I should look into again is selling covered calls. I have an option agreement on my account, but when I looked into that before it seemed rather complicated, and at the time thought it was more trouble than it was worth. Perhaps it is time to expand my toolbox. One final note, FWIW. On Louis Rukeyser's WSW tomorrow, Kevin McKechnie of Pimpco, the hot fund manager that recommended AMAT on CNBC MarketWeek last week, will be the guest. And, the fence swinging George Gilder will be on CNBC MarketWeek tomorrow as well. One thing I would like to see is to get George Gilder together with someone like that hard core bear, Fred Hickey (who is interviewed in the March issue of Kipplinger's Personal Finance Mag.). That would be interesting. One guy says the Nasdaq is going to 1000 this year (in a previous article that was on the web about a week ago I think, in the magazine article he does not exactly say that), the other thinks technology is where it is at, based on his often sky-high PE stock picks, and that the changes coming from all this will rock our world, so to speak. Gilder is very interesting. He seems to be extremely intelligent, but last year at least he struck out as a stock picker. His newsletters are full of enthusiasm, rather strange words, and incredibly detailed explanations. A WSJ article a while ago said his long term stock picking record is impressive overall though, despite last year. John