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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Stoctrash who wrote (38398)	4/9/2001 3:22:25 PM
From: Condor	Respond to of 50167

"...just out to help PROTECT those who might be getting bad or skewed advice." whew...thank goodness for you and the Timothy McVeighs of the world. How could we get along without y'all? Follow us around and assault us with your vision. Lawdy...thank gawdy for freddy.

To: Stoctrash who wrote (38398)	4/9/2001 4:19:59 PM
From: The IB Dude	Read Replies (1) \| Respond to of 50167

<<Was your dad hedged on his EXTR, BRCM, etc, long calls??...did he caution the readers of this thread on how low they could go when they broke?>> He only hedges when his levels break and since the 1380 break, he has been buying out of the money options on futures. On fast days he will trade actual futures within his levels and his calls would sometime expire worthless but on others, he would make decent return. He is fully invested in technology and has taken a full brunt of this fall. <<If you read back you'll see I warned about BRCM approx a year ago(+-) more than once or twice if my memory is correct. I believe some post were directly to your father. >> This is a joke, BRCM last April was $100 and moved to $260-$270. It was a poor call on your part. How can you expect my father to listen to you after your last year call? If one was short last year, he/she would have become bankrupt. Is trading not all about timing? I am 17 and do I have to give you lessons on the timings of the market? If this is the kind of calls you make, only God can help you and I can understand your frustrations. Like Jdin who came up with the misinformed statement of $ weakening whereas in reality it was getting stronger or his read on the Paris mayoral elections. Whenever my father confronts you guys, you all get upset. You guys think the economy is in recession, my father on the other hand believes that the issue deals with a technology profit recession, however the broad market and US economy are not. I'm convinced that the economy will soon rebound contrary to your expectations. That is what the whole debate is centered on. <<The point is if he does 25 trades a day and being the highest man of order he should post them all, the winners, the losers & the ones hedging his previous bets. >> He gives his levels like 1128 today and they will be respected more often than not. The choice to pull the trigger is in the hands of the readers. Who else does that on SI on a daily basis for the last four years? I read his pm's and I know for a fact that he is one of the most respected posters on SI. Whenever he is under attack( you are not the first neither will you be the last), I read how people value his insight and opinions of the markets. He has never profited from his time on the Idea thread and his sole goal is to seek and share knowledge for the benefit of all. Your short call on BRCM was badly timed and you are still sour. Now on 17th of Feb 2001 you made a re-run of your call and you started a bear thread when 58% of the market correction had already taken place. Is this what you call intelligent trading? You were short last year, must have lost 150$ as BRCM made that huge run and now you are telling my father why he did not listen to you. What do you think? Zain