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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (22521)10/25/2001 1:18:34 PM
From: Oral Roberts  Read Replies (1) | Respond to of 52237
 
I agree. This is truly nuts. Your also right in that when it does end it is likely to be big time ugly.



To: Lee Lichterman III who wrote (22521)10/25/2001 1:22:34 PM
From: Jim@Inland  Read Replies (3) | Respond to of 52237
 
I'm beginning to feel the same way Lee.

I read the filing document, do the math, try to pick winners, and at the end of the day it really makes no difference.

J6P is in total control of this as long as his buddy will buy from him at a higher price, forever, we'll be ok.

Just look at the nonsense.

WEBX , VLPI, ALOY, BRCD, here's a beauty with a negative book value of over 4.00!! HLYW.

It's just beyond funny.

Jim



To: Lee Lichterman III who wrote (22521)10/25/2001 1:38:19 PM
From: 1podstock  Respond to of 52237
 
Lee..I absolutely share your sentiments. And your posts ring even more true if/when market indices close green today.



To: Lee Lichterman III who wrote (22521)10/25/2001 1:56:05 PM
From: Louis V. Lambrecht  Read Replies (1) | Respond to of 52237
 
Lee - J6P, fuggedit, J6kP (the funds) acting the same.
The only difference between the funds and the real J6P is the amount of capital they move (sorry 3 differences, amount of capital, bonuses and company cars).
And the funds also are trapped in the commodities hedges.
No way out middle term. Long term the system collapses. Question is how long is long term?

Coldn't play commodities nowadays. Precious metals? No: too much noise.
Oil? No, as long as the croocked Saudis are part of the game.
Coffee? Soy beans? Pork bellies? I don't know anything about that.



To: Lee Lichterman III who wrote (22521)10/25/2001 3:30:21 PM
From: Rashid Garuba  Read Replies (1) | Respond to of 52237
 
Lee..

I agree with all your comments. However, if you've been watching last 5 years successful trading has no connection with fundamentals, short-term that is. Shorts got killed in the late 90's.. Granted bulls got smacked eventually, but only the Buy and Hold kind..

Fully agree with you, but long and enjoying it. Will be very short when the time comes, as you know it will.

Sounds like one must trade without conscience to do well these days. A mental state best forgotten after 4 pm.

Good Luck!

Rashid



To: Lee Lichterman III who wrote (22521)10/26/2001 2:22:15 AM
From: waverider  Read Replies (1) | Respond to of 52237
 
Lee. Just got home tonight and checked out what happened. Incredible.

Company buy backs?
The plunge protection team?
Short covering?
Pro forma?

Has ANY bear market ended this way? PEs triple or infinitely over their projected or current growth rates?

Insanity.

wr



To: Lee Lichterman III who wrote (22521)10/26/2001 6:43:31 AM
From: Square_Dealings  Respond to of 52237
 
Lee, Commodities are trading completely opposite the stock market. Prices of metals, grains, and energy are down the tubes because of lack of demand or oversupply. Silver for example is trading for less than it costs to dig it out of the ground.

So in reality there is no growth but the stock market is being supported to fight the evil shorts that caused all our problems -g-

The stock market is a house of cards propped up on a strong dollar, the more you print the stronger it gets. I think the stock market is going to be like the WTC someday, everyone watching it burn in disbelief, a cloud of smoke, and when the smoke clears it's gone.

Buy Swiss Francs, gold, and wait for the dust to settle imo.

M.