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To: jambo-bwana who wrote (34681)3/7/2001 2:59:13 PM
From: im a survivor  Read Replies (1) | Respond to of 35685
 
Wow, I bookmarked this thread the other day when I was being given the title of "da man" for bringing down Voltaire<ggg> ( I still can't help but laugh at that )....I figured if folks were gonna talk about me, I may as well check in and see what they were saying. To be frank, until somebody who shall remain nameless told me I was being talked about over here, I had no idea and never would have known.....since this thread has been bookmarked however, I have checked in to see what's up....I am thrilled I have been left out of the discussion, but dismayed to see what is going on over here. I mean there is very little investment discussion taking place....it seems to be a place for folks to just attack each other.

ya know, I truly meant it the other day that it is a sad state of affairs when we can't get along, here on some bull$hit financial playground...what does that say for the rest of the world.

Sometimes somebody has to say "UNCLE" and give up.....in my book, that person is not the loser, but the victor. After all, we are not talking about fighting for our country/freedom...this is a freakin chat board......In my book, it is the bigger man that simply calls "UNCLE" and lets the other win....after all, what are they really winning.

I guess my whole point is, folks can fight back and forth, back and forth, back and forth.....but what does it accomplish....If John doesnt like sarah, then why don't john and sarah just ignore each other and not talk about on another with other people.....just let these ridiculous thread wars end and get back to being productive. i have seen plenty of opposing market views discussed in mature and rational manners...that is why we are here, i thought.

Anyway, I just think it's a shame that everybody can't kiss and make up......and if that isnt possible, at least ignore each other and go your seperate ways. If more people acted like the bigger man and just walked away without response, my guess is the whole world, as well as SI will be a much happier and productive place.

JMO and not directed ay any particular individual.

keith



To: jambo-bwana who wrote (34681)3/8/2001 9:33:45 AM
From: bonnuss_in_austin  Read Replies (1) | Respond to of 35685
 
jambo: I am interested in what you are doing in this market.

If I've learned anything over the past year, it is to diversify in terms of instrument.

I'm setting up an annuity with about 50% of my total holdings, which are 95% cash right now. (I'm trading puts with remaining 5% on QQQs and the bubble tech P/Es i.e. RIMM, BRCD, CSCO was a good 'un, CIEN ... and, oh yes, NEWP <LMAO>) ... Am selling house to take profits while I have them (bought the place four years ago specifically as investment as appreciation has boomed along with Austin's growth as a tech center ... making this area particularly vulnerable ... I fear it's going to tank as fast or faster on the way down as it boomed on the way up via tech) ... I plan to rent for a year before buying any real estate ... those of us who lived here during the real estate crash of the mid-80s know exactly how bad that market can go ... and I think this time will be even worse. You should see the Round Rock area near DELL HQ ... overbuilt doesn't begin to describe what's happened out there.

Anyway, would you mind if I ask you what you would do with about $175K in an annuity situation? Will be 13 years before maturity. I want something SAFE, damnit. CDs is what i'm thinking right now. MFs scare me. What about bonds? (Gold seems to me to be a bit too strange, if you know what I mean <g> ... like at a level of superstitious paranoia equivalent to stuffing cash into the boxsprings, like that ... )

What do you think, jambo ... and others?

TIA!
'b-i-a'
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