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Strategies & Market Trends : The Options Box -- Ignore unavailable to you. Want to Upgrade?

To: Cosmo Daisey who wrote (10097)	3/16/2001 12:53:38 PM
From: bonnuss_in_austin	Respond to of 10876

Cosmo: Really appreciate this link to Mercury News ... Last night, I watched a report on CNBC ... news segment with Brian whatever his name is ... Featured 'pink slip happy hour' events in San Jose, where the unemployed meet with HR reps of companies still hiring. There is a new company along the headhunter lines of which the biz plan is to organize and 'host' similar events in all the tech based cities ... including Austin, TX. I know enough about San Jose to be able to imagine the horror these people face as high tech goes down the toilet. Cost of living ... lose job ... stock options worthless or little better ... and owing IRS half-mill. As one who migrated across country in early 80s for career in high tech, I'm wondering now where the 'out-migration' will go ... those willing. Back to the Rust Belt? I think not. They're in no better shape. Discussion? tia, bia

To: Cosmo Daisey who wrote (10097)	3/16/2001 1:04:47 PM
From: MulhollandDrive	Respond to of 10876

Cosmo, I'm hoping to see some bargains in so CA real estate soon. Thanks for posting that link, it certainly confirms my thinking of where things might be going if the facts in the article are correct.

To: Cosmo Daisey who wrote (10097)	3/16/2001 4:40:32 PM
From: Poet	Read Replies (1) \| Respond to of 10876

Top o' the afternoon to you, Mr. O'Daisey, Those were two great posts and I also appreciate the link. The weakness in the Nasdaq has snowballed and you're absolutely right about tax selling, I believe. I "capitulated" my remaining QQQ calls this morning and am short the SOX and DJX, but mostly in cash, now actively looking for a bond fund or some similar guaranteed interest-bearing vehicle. I loved your post about St. Paddy's day and envy you....just a wee bit. <g>

To: Cosmo Daisey who wrote (10097)	3/18/2001 7:51:49 AM
From: Poet	Respond to of 10876

A snippet on the upcoming week, from Hahn's site: The FOMC interest rate decision will be announced on Tuesday, March 20. Some publications are suggesting a two day FOMC meeting, but the Federal Reserve's official calendar says the decision will come on Tuesday 3/20 at 2:00 PM EST. The CPI report will be released on Wednesday morning 3/21. The CPI may not be an issue in light of the benign PPI report. The decision by OPEC to cut production to support crude oil prices is very important in light of Tuesday interest rate decision. If the FOMC cuts interest rates too aggressively, the injection of liquidity would most likely legitimize and facilitate higher energy prices.