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: Gersh Avery who wrote (10725)	2/6/2002 11:50:08 AM
From: MonsieurGonzo	Respond to of 11051

RE: 401K diversification... > there will be a sudden massive supply of stock to hit the market... uh-huh; one heluva massive rotation ~ imho we're already seeing the effects of that, vis-a-vis the BigBoys, the effects of "diversification" reflected by the major market indices (including BONDs). otoh, look at the A-D line... it's just going sideways (ie., not good - no "mo" but, not decaying much, either). Apparently lotsa folks at what, GE are selling their GE and buying what? IBM {grin} so it's a big, fat wash-sale (?) just churning it up, the brokers being the big winners. IMHO, Gersh ~ people/funds are gonna sell those BigBoys and TechStocks and buy stuff like IWN - SmallCap Value ETF ;-) _ well, I'm nibblin' on this an' that... if'n we're lucky then the babies will make it easy for us, sell sell sell all day long, allow us traders to come in with Buy @ Mkt On Close and come away with their candy (^_^) life is rarely that simple {grin} so we're gettin' selling pressure interspersed with professional buy programmes. Like I say, as TheDonald may be puttin' it (I dunno) "if we don't UpWave from around here, da bitch be broken and there ain't no winners nowhere". -Steve

To: Gersh Avery who wrote (10725)	2/6/2002 5:31:42 PM
From: TGPTNDR	Read Replies (1) \| Respond to of 11051

Gersh, Re: < Some (most if not all) of them think that it was a very bad thing that Enron folks had their 401k stock on a lock up basis and had no choice but to ride it down> Well, yes. It was a bad thing. The Enron employees shouldn't have been so heavily invested in any one stock. And they were locked in for two weeks or so. But not a lot more(except for company contributions). And there were puts and shorts they could have used to offset the positions, though not in the company account. But these are the folks who rode the stock down to $35 from ??, then moaned that they couldn't get out in the next 2 weeks. Excuse me while I cry a little for them. SNIF OK, I'm done. With very few exceptions if it looks too good to be true, it is too good to be true. tgptndr