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To: pater tenebrarum who wrote (72654)	2/27/2001 7:53:47 PM
From: Hobie1Kenobe	Read Replies (1) \| Respond to of 436258

heinz - no fear is right - the VIX couldn't even take out 30 today. I know the volumes weren't huge, but you'd expect to see a bit 'o fear out there. I guess many are just closing their eyes and praying. JF3

To: pater tenebrarum who wrote (72654)	2/27/2001 7:59:03 PM
From: rolatzi	Read Replies (1) \| Respond to of 436258

the Nikkei is below 13,000 at 12962

To: pater tenebrarum who wrote (72654)	2/27/2001 8:47:27 PM
From: chic_hearne	Read Replies (1) \| Respond to of 436258

already the NAZ has begun to diverge from the '90/'91/'92 Nikkei....it's collapsing much faster! this is like the 1930/31 Dow...i've never witnessed anything like it! and there's STILL NO FEAR.... In fact, it almost seems like fear is at an all time low. At Naz 3000, 3500, or 4000 they seemed pretty sure about their bottom calls. But now at 2200 they are talking about rock bottom, absolute bottom, it can't go any f*cking lower bottom, etc. As a market contrarian and extreme cynic, this is the juice I need to not cover my large Crisco short even though back at $50 I'd taunt the bulls that single digits is when I'd cover, but I was really thinking I wouldn't push it too far and probably cover at something like $25. Now I'm starting to think single digits is when I really do cover, or when they give up on calling bottoms....

To: pater tenebrarum who wrote (72654)	2/27/2001 9:07:41 PM
From: Michael Watkins	Read Replies (1) \| Respond to of 436258

Fear, shmear. ottographs.com Not worth posting NDX charts, its still officially in a downswing; SPX will re-enter its downswing after a two day pause in another 10 points lower or so. Sitting on a knife edge, seems unlikely that anyone can engineer a complete halt to the decline. I keep saying, when ADX and VIX are both around 70, then it will be time for a trade. For a bounce. Not an investment. LOL. Hey, you folks have probably seen this, was posted on the Ask Us.. thread, presumably for the hopeful sounding "Don't Fight The Fed" command at the bottom. bankcreditanalyst.com Rather than take any comfort from the rise in M2 (Fed coming to the rescue thinking), it may be simpler to wait until M2 decreases sharply, since that 'should' indicate the worst is over. Its still going up, according to the chart. Put another way, as long as it is rapidly increasing, someone in Washington fears something big. That kind of thinking puts "don't fight the Fed" into a new and perhaps more useful light! Maybe someone will say something interesting during or post Bush's speach this evening.

To: pater tenebrarum who wrote (72654)	2/27/2001 9:29:33 PM
From: KeepItSimple	Respond to of 436258

This is the funniest thing I have ever read on SI. My collection of tech trash poots are now so deep in the money that i didn't do anything all day except weed out the ones that have maxed out at intrinsic. This is a task I am quite enjoying. >already the NAZ has begun to diverge from the '90/'91/'92 Nikkei.... >it's collapsing much faster!

To: pater tenebrarum who wrote (72654)	2/27/2001 9:51:25 PM
From: timers	Read Replies (1) \| Respond to of 436258

if they do this no fear/buy and hold thing with the dow then things are in trouble. boiling frogs die before they know the water is boiling. stop losses were never taught and haven't yet been learned.

To: pater tenebrarum who wrote (72654)	2/27/2001 9:58:05 PM
From: patron_anejo_por_favor	Read Replies (3) \| Respond to of 436258

Uh oh, Shrub talking about Soc Security reform: Mentions "personal savings accounts to younger workers who want them".... Mentions return is now <2%. Needs to allow "safe, sound investments" with higher return, yada, yada. No specific mention of dumping SS funds in the casino, ERRRR, equity markets.(phew!) (Nonetheless, futures now positive on Globex (albeit minimally). No surprises that I heard....) Ummm, if return is now <2%, why not dump 'em in t-bills/treasuries? Seems to meet the criteria outlined above...

To: pater tenebrarum who wrote (72654)	2/27/2001 10:37:06 PM
From: LLCF	Read Replies (1) \| Respond to of 436258

<it's collapsing much faster! > These dopey CEO's have been playing "chicken" with their numbers for so long that real man has showed up to look it's a bit shocking even to them I'm sure. < Dow...i've never witnessed anything like it! and there's STILL NO FEAR....> If the Dow is little changed prior to Greenboink I may just find the highest strike March Dow pooot I can but buy for 1/16 or something and buy 1000! I bet the expected value of the bet would be positive! <NG> DAK

To: pater tenebrarum who wrote (72654)	2/27/2001 10:56:30 PM
From: Les H	Read Replies (1) \| Respond to of 436258

I think many have been beaten into submission. You can submit in two ways - just take it and run, or just lie there and take it some more. I heard one lady on the radio call in show who was down to 40% equity and 60% margin debt. She was told by the idiot host to pay into the account to pay off just the monthly margin interest.