To: SliderOnTheBlack who wrote (89643 ) 4/3/2001 9:00:01 PM From: cnyndwllr Read Replies (2) | Respond to of 95453 Slider On The Black, RE: <<Hello group; this is Ed. .... hello Ed (the chihuahua's in rehab; echo...) Ed chastised me back in Sept/Oct for shorting tech at NAZ 3200-3500, the BTK about 50% ago etc. The only guy worse than ED - was Mike Happles (the chihuahua with clown paint) who told me I was nuts for shorting CIEN at $90 and PPRO about a "Triple" ago from here (and yes, I did cover too soon VBG)... of course "Happless" was calling for 4-5 years untill the Oilpatch stocks showed any gains back at OSX 48 in the fall of '98 as well...>> Well what do you know? It's true. Heard you were talking about me again and stopped by to see what new history you had created. I thought you might have really lost your stake and be claiming once again to have "outside business" interests that were going to take you away from your computer for a while. By the way, how is that night job working out? With regard to your claim that I chastised you for shorting tech at nasd 32-3500, you have been broadcasting lies so long that you are either believing them yourself or are so stupid that you don't realize that these things are verifiable. Why don't you post the message or messages where I did that? C'mon lil man? We're waiting? The only posts that I gave you investment advice in were messages to you that were given when you were all wiggly about what a great time it was to invest in tech, and to hold long so that you didn't miss out on all those gains you had missed out on in the many tech runups from before. I can, unlike you, back up this claim because I am, unlike you, NOT lying.Message 15365127 From me: AM I THE ONLY ONE AROUND HERE THAT GIVES A SHIT ABOUT THE RULES ANYMORE!!!! I don't care if Michael and Slider despise each other. I don't care if Isopatch and JQP start laying for each other with long range sniper equip. (I'm betting on JQP because I don't think iso's broker training had anything on snipering, but maybe iso will set me straight). I don't even care who can piss the farthest into the wind without getting sprayed and smelling funny. I have a whole list of things I don't care about, but then I digress. Sorry. The point is that taken as a thread we despise tech. There are exceptions, and I include myself in that category, however we cannot forget who we are. In the face of one of the nastiest selloffs in the tech market history, where many retail investors lost a huge proportion of their stock asset value, most of us made money. Yet now, when all of our dire predictions for the fate of those overblown tech stocks appear to be on the verge of proving out, many of us are talking about or actually beginning to (shudder, shudder) BUY TECH. (Don't say "not me" slider, Michael has the posts bookmarked I'm sure.) Is it true that we were really just tech sheep that got left behind the herd while we watched jealously for any opportunity to rejoin the other sheep? Tell me it ain't so. Tell me we're not like those lemmings. Tell me we're horses of a different color. Tell me lies, tell me lies-- oh well, you get my drift. Here's the facts as I see them. Retail investors are getting flushed out of the tech market. Those stocks have a long way to fall, no matter what the technical indicators say, because the worst fears of smart money are beginning to come true. The economy is starting to feed on itself in an ever increasing downward cycle of negative factors and the fed has no cure because of energy induced stagflation. There is NO GOOD NEWS on the near horizon. Earnings warnings will start again soon and there is nothing to indicate that earnings will improve for most areas of the tech economy. Bounces will get weaker and weaker. The most cautious investors and those who have the mentality to short will prevail. When mutual fund redemptions have started, accelerated and then stopped, a recovery is possible but long term, the key is affordable and available energy.siliconinvestor.com From me: "<<SliderOnTheBlack RE: <<Too much money & the Fed will print & buy our way out of this downturn...>> You may be right but be careful. The surprise .5% rate cut occurred the day the funds got a big redemption hit and were faced with the prospect of selling in a dropping mrkt and creating the risk of a panic. "Too much money" can change very quickly. Note also that the "safe" stocks have been outperforming the nas for awhile. I think there is a lot of smart money moving over for what may be a stairstep down on the nas with the possibility of a quick drop with more bad econ news, warnings for next qtr, summer haitus etc. It could be even worse if Sharon pulls one of his wild moves or Bush Jr. decides to prove something in Iraq. With regard to printing our way out of this downturn, remember that if that doesn't work, there is nothing left and the tech market will implode. For the risks on that, read some of your old posts and the places where you got that info. (g) If you're willing to ride this one out for a while, I agree that tech is not dead, just losing weight over the hibernation season. In my opinion, it may make sense to play these large moves for a trade, but I'm not sure it's time to take those stocks home with you to meet mom. Ed >>" SOOOO! Just a little advice lil Yap Dog, stick to less concrete lies, stick to ratting out other threadsters and for sure don't put yourself in a position where your lies are so easily and publicly exposed. You have to do what you do best and this is a poor example of your best work. Remember that no one does the "poor misunderstood Prophet" better. Also remember your techniques for claiming victory in the face of obvious defeat. I think you may have been spoiled by a new batch of hanger's on who are not as intellectually alert or maybe just don't have you pegged yet. Don't get spoiled by this, you never know when someone might alert one of US to actually come by and read this thread and gently remind your lil doggy self to "stay," or "sit" or "lay down." You really are getting some bad habits again. Is ole iso-rotflmao "endust" still yukking up the place. Well, gotta go, got better places to be. Behave yourself, I don't want to have to come back. Ed PS, I've started getting back into tech and it's losing for me right now, but guess what? I'm good to hold for the bounce or the "real deal" recovery because I held out for a long time and have lots of oil AND tech profits to put to work. If you wait till I'm flushed out of the market like you claim, you may as well put what little money you have left in CD's cause it'll be a while and we all know what gold has done. ggg