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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (89419)	4/3/2001 3:24:46 PM
From: Earlie	Respond to of 436258

Allan: Have enjoyed an excellent day. Cleared out several and took on a few newbies (NVDA by way of example). Basically moving towards a "core only" scene by the close. Not a TA type but this situation is causing the old mania scars to pucker and pain. (g) Best, Earlie

To: AllansAlias who wrote (89419)	4/3/2001 3:24:46 PM
From: Earlie	Read Replies (2) \| Respond to of 436258

Allan: Have enjoyed an excellent day. Cleared out several and took on a few newbies (NVDA by way of example). Basically moving towards a "core only" scene by the close. Not a TA type but this situation is causing the old mania scars to pucker and pain. (g) Best, Earlie

To: AllansAlias who wrote (89419)	4/3/2001 3:29:22 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

The Q is continuing to smell the glove. A close below 45 would be most gratifying, and promote agnosticism amongst the faithful....<G>

To: AllansAlias who wrote (89419)	4/3/2001 4:25:27 PM
From: UnBelievable	Read Replies (2) \| Respond to of 436258

Yea - Wheres The Snapback Rally Sold most puts and went into SPX and $NDX calls when all of the analysts on CNBC were Bearish this afternoon. So far not too bad. Gave up a little on the puts and some of the calls got a little cheaper. But I was able to sell everything at the ask and buy at the bid. It helps a little. While a snapback rally seems called for, and cash SPX was not allowed under 1100, NDX was allowed to close below 1400, and $COMPX at 1672. We are in what has to be scary territory for a lot of folks. Today was fairly low volume but unless something gets fixed the volume could increase and we could get something that looks like traditional capitulation. I am inclined to think that the interested parties may at least attempt to show that it is possible to come back from this area (even if its only briefly, before heading south again. I think we get to see another card tomorrow. If there is no support perhaps somebody is out of money, or out of the market. I figured it was worth sitting in for the next card. If we get up I have a bunch of calls which should go green with any indication or support. If no support appears I'll sell the calls for a small loss and buy puts for what seems at this point, if not stopped, a long trip down.