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.

Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Berney who wrote (10720)	2/4/2002 6:42:06 PM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 11051

my G.E. lies over the ocean yeah, it is a fast market; I thought you intra-day sto surfin' Dudes liked it that way {grin} > Got out of KO for a [bone] ... Am currently slightly underwater in VZ, SGP and MCD... ...well, I made a friggin' brilliant paper-trade on AMGN last week (yeah I know, doesn't count :) Lessee, what else... I nailed today's crash and that other nasty down-day last week by reading the VIX and Put:Call tea leaves (did I do anything? uh, no) {blush} Dude, I am in kapital preservation mode! MadameGonzo and I spent the day looking at NoCal real estate being dumped on the market by frantic/desperate home owners :-/ > I don't want to talk about my Enron... ...I don't want to talk about my Nortel, either; 'nuff said. we could talk about accounting, but it's too depressing n'est-ce pas ? oh, WTH (^_^) let's talk about accounting ! IMHO, (now that we're on the Balance Sheet = B.S. subject) the "other shoe to drop" if'n it does drop will be all these CALL options issued by companies as compensation, incentives, bonuses, etc. -- not being recorded as expenses. You record them babies as debits and we're talkin' CSCO now has a negative Net Worth or something. They're sayin', "are there other 'Enrons'" or, Balance Sheet = B.S. companies out there ? ...hell... at this point, Berney ~ we gotta ask a different question : "anybody out there actually making money ~ please raise your hands". -Steve

To: Berney who wrote (10720)	2/8/2002 2:39:44 PM
From: MonsieurGonzo	Read Replies (2) \| Respond to of 11051

working for peanuts... ...wow man, what a P.I.T.A. bread falafel flat-sandwich market this is. well, I was "lucky" I guess :-/ ...gotta bunch of little scalps this week ~ but I swear Berney I'm going even more bald scalping {grin} workin' my ass off, making dead cat splat trades, trying to hit-and-run; biggest winner ~ my dead cat splat on AOL, else a bunch of fractionals and a few bones. I felt compelled to get down and intra-day-trade with y'all because my CorpBONDs are decaying... these pizza-tip trades are in effect "preserving kapital" ~ the only 'exit' in this environment is what, commodities but I'm already fully allocated there with my PCL - Timber / LB02H - Lumber, and I'm unwilling to go any heavier into commodities just to hedge USD/kapital decay. As I close my trading-book for the week, tallying it all up, given decay in BONDs + trading gains ~ I'm barely able to eke out a few bucks. Mebbe any gain looks good in this deflationary environment, I dunno ...but it (long-side trading in the tax-deferred account) sure is a LOT of work, Berney. _ if (in the immortal words of Peggy Lee) "this is all there is", then I'm gonna switch from TraderBerney - like, big-block long stock positions + in-the-money CCALL exits in the tax-deferred account... ...to in-the-money options trading in the taxable account. Seems to me, that's the only way to make any decent dough when the UpWaves and DownWaves are so damn puny. I mean, IMHO the short duration surf is there, Dude ~ it's just friggin' pathetic in amplitude! mebbe next week will be better; at least we'll have some options flux undercurrent... feel like we're trying to surf the waves in a damn LAKE (^_^) ...and this LAKE has got a lot of old BALANCE SHEET = B.S. land mines floatin' around! So how're you doin' ? -Steve