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.

Non-Tech : Secret Squirrels hit! -- Ignore unavailable to you. Want to Upgrade?

To: Trumptown who wrote (7155)	4/6/2001 8:10:44 PM
From: Tom Swift	Read Replies (1) \| Respond to of 12872

NUKE -- LOL! I kinda watch the thread on RB. As I remember, the insider options were priced at 1/8. Boy, I wish I had an early version of Corel Draw. 3 and 4 were good programs. I am using 8 now and I hate it. I mostly use a program that I got for free with my digital camera (Ulead Photoimpact) as much as possible rather than slog through a CD session. I nearly made some nice money on COVD when they spiked, but held one day too long & got out up a mild profit. I do have two stock right now, ADCT and SSTI, but I don't really want to talk about it cause they suck :). Otherwise, I am ~ 90% cash in both my 401k and trading account. I am nearly ready to move some of the cash in my 401k to SSRAX, the only good fund choice I have, but I am waiting for the MACD curves to indicate that it is time. I think we are near the bottom, but I want to see the MOMO shorts get whacked badly before I re-enter. Right now, there is "irrational exuberance" towards the downside and amateur shorts are jumping in with no idea of the risks they are taking. Yesterday was an example of how tight the spring is coiled, but we are going to go down further on bad news until there is an explosive broad-based short squeeze that wipes out the portfolios of the amateur shorters. I figure early May will be the earliest before a true bottom can form. I also hope Uncle Allen holds off on a rate cut till the May 15 meeting. A lot of the volatility we are seeing now is due to the mid-meeting rate cut in January and the creation of expectations by the longs that they can get him to do it again.