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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Muthusamy SELVARAJU who wrote (20915)7/8/2002 10:50:16 AM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
Hello Selva, <<Am back in KL after a short and thoroughly harrowing trip>>

... Buying in now, ignoring the lessons of Thailand 1997-98, may make your just concluded harrowing trip more harrowing still;0)

<<confuse yourself with ALL of them first>>

... I agree, and thus the importance of Maurice, ACF Mike, and the optimistically hilarious fellow threaders.

<<then go for walks, contemplate, watch before taking actions>>

... well, a few hours later, and now Merck

quote.bloomberg.com

... and AOL

quote.bloomberg.com

... may lead you to hesitate just long enough to save some capital for later. Should you want to feel participative, can always sell some puts, as opposed to buying calls or buying outright.

Selva, remember Thailand and Malaysia 1997, when regardless of what level one buys in, there was always yet another minus 20% in the following week?

Be careful remains good advise, though I had sold some puts on CMCSK last week. I am not confusing a possible trading opportunity with a probable LTBH trap.

Chugs, Jay



To: Muthusamy SELVARAJU who wrote (20915)7/8/2002 10:50:39 AM
From: AC Flyer  Respond to of 74559
 
Hi Muthu:

I have read your posts with interest over the last few weeks. I would like to say that I agree with your conclusions:

>>a) stocks, esp US stocks may go for a strong bull run from here.
b) gold price may be heading below usd 300 again, barring some unforecasting event like a terror event, accounting screwups at large companies or major earnings negative surprise.
c) the usd may have hit bottom already, and could well go back to usd 0.90 again, against the Euro.
<<

Despite what you may believe by listening to the SI community, there are very, very few individual traders who make money in the long run. You mention hedge funds in your post. I'd be happy to offer a suggestion, if you'd like to send me a PM.