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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Sonny Blue who wrote (12841)	7/19/2002 12:23:06 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 57684

My mother called me last week and told me to buy her more Yahoo. (no kidding) No wonder I'm nuts.

To: Sonny Blue who wrote (12841)	7/19/2002 12:25:59 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 57684

I think the QLogic conference call is worth the time.

To: Sonny Blue who wrote (12841)	7/19/2002 3:54:35 PM
From: techanalyst1	Read Replies (1) \| Respond to of 57684

That's fine Sonny... but I have a huge boatload of cash and I keep getting more and more. All I do is buy puts when I see stocks that have done well or stocks that crack trend lines and poof. I'm up at least 40% in days. I don't want to buy anything. I only want to keep my cash. Right now I'm out of all my puts, but my only regret was selling them too early. What if people don't want to buy after we get this so called capitulation? I feel the same way that I did prior to the market crash in 1987 and the thing that worries me is that we didn't see the recession until after the crash. We aren't lowering rates any more and if we do it probably won't do much good. How come copper is so low if we're in a recovery without deflation? How come mortgages are so low if housing is booming? My concern isn't really the market.... it's the economy. I think we're weakening and it scares me.... because what will pull us out and what if we see a problem with housing like we did in the 90s? At least a third of my neighbors were overleveraged and lost their houses. I don't want to see that happen again. TA