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.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: eichler who wrote (81223)	8/6/2001 10:18:24 AM
From: Jurgen	Read Replies (1) \| Respond to of 99985

No, it's not a hoax. Dresdner Kleinwort is a subsidiary of Dresdner Bank, which is Germany's No.2 bank. It was recently acquired by Allianz Insurance. The report made quite some waves in Germany. Jurgen

To: eichler who wrote (81223)	8/6/2001 10:27:15 AM
From: Joseph Silent	Read Replies (1) \| Respond to of 99985

Eichler, just saw this on another board Message 16172782 Regards, Joseph

To: eichler who wrote (81223)	8/6/2001 3:16:03 PM
From: John	Respond to of 99985

OT - Hi Ernst, The link I provided was on a legitimate (too strong a word?) news source. Anyway, I wasn't trying to say anything hard core by posting that. I just thought it was amusing that some smuck was predicting something like that and even citing a date for the calamity. Pretty bold, but still BS. Sorry I wasn't more clear. FWIW, I don't have a shred of respect for any analyst on Earth. The entire ruse is set up to line the pockets of a few. And I don't feel this way because I followed them and was burned. I saw their game early on in my investing life. In all my years of investing, if I had to pick one rule to follow, it would be this... When really bad news hits "unexpectedly," STAY ON THE SIDELINES during day one! Wait patiently through the first day as the market (or individual stock if that's the case) climbs on the bad news that was supposed to ruin everyone, but instead, ruined the shorts. Then, when the price has risen, short it to hell on day two and enjoy the party. This advice doesn't work every time, just most of the time. I would not be a bit surprised to see the market (in general) rally tomorrow because of that lame report predicting doom, which probably has increased the short interest among individual investors. If it does, I will short the NDX Wednesday... maybe! :-) Heh. Best Regards, John