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.

Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call -- Ignore unavailable to you. Want to Upgrade?

To: farkarooski who wrote (6872)	3/16/2003 1:00:37 PM
From: LTK007	Read Replies (1) \| Respond to of 11447

No, that is not me :)<what proceeds is a summation relevant to nothing:)> But i did, to be immodest, take 75k and move it to 500k(after taxes and commissions) in 2.5 years, when i cashed out on 4/7/2000. I say that because i get so tired of people thinking i have been a perma-bear all along. I also had the humility to realize i just happened to be a lucky nut inside an insane mania, and recognized i was playing a once in a lifetime mania. it took no brains to make money from late 1998 to early 2000, the wisdom was to know enough is enough. I made about 50k after taxes from post bubble to 4/6/2001 as i struggled with shorting(as i witnessed techie master shorting:) Techie if i can find the post on Trader J thread i was the first person there to state telcoms were going to crash BIGTIME because of overexpansion and massive debt---all mocked me except you, and you proceeded to short those suckers from ultra high to their abyss; but i just watched:) On 4/6/2001 i learned i had a Malignant Melanoma, and i just plained stopped trading, completely.(i survived, because my melanoma was 0.4millimeters short of the disaster depth--this is a warning to all check any supicious black growth IMMEDIATELY, MMs grow FAST and are super aggressive, they are far far far more dangerous than any other form of skin cancer< blonds with fish-belly-white skin in the winter are far the most vulnerable>) On seeing the waterfront market exploding up my way and seeing the market was going to be very complex i spent 2002 selling off my 6-acres of waterfront heaven at a price 10 times higher than it's original cost. During my entire time of inactivity i have studied and studied this market subject with great intensity and have formed the view that we are in potentially the worst and longest bear market in our history, this bear market will be slow and painful upsy and downsy BECAUSE, whereas in the past history no more than 20% of the population, at most, were invested in the market, it is now 50%, of which many are LTBH(much in 401ks); the bottom will not occur until these people give up---but history tells a terrible truth and that is; they will give up,eventually; but this bear will be longer and meaner because so many more are caught in it, "caught on the down slope of hope", so it will take more time for the giving up process to complete itself. I do not mock these people, it will be a sad event; but they have been deeply brainwashed by WS which, however, never tells the truth to anyone EXCEPT their SPECIAL clients(the very rich). How CRIMINAL is Wall Street? Abby Joe Cohen has overcalled her S&P 500 EOY target by OVER 300points 3 years in a row!!!! but remains the chief spokesperson for GS, to the public. I can assure you the the SPECIAL clients of GS do NOT get the same advice. Max