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.

Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: Venkie who wrote (11261)	9/10/2003 5:21:10 PM
From: im a survivor	Read Replies (2) \| Respond to of 13815

I hope it's just a blip in the road. Even though I have cash to buy, I dont really want to see another golden buying opp. I'm very close to my goal, which is to pay off both my houses, leaving us with zero debt, while still having plenty in the market.

To: Venkie who wrote (11261)	9/10/2003 5:32:39 PM
From: im a survivor	Respond to of 13815

<i did a little buying but will wait for late 2morrow or friday. > What are ya buyin' and what are you lookin to buy? Frankly, I am hesitant to buy right now. Up too quick too fast. Have plenty vested anyhow. Would rather sit on cash, and if we keep going up, I have plenty that should do well. I will keep my cash as cash unless we get much lower levels. A one or 2 day drop, will not get me buying. A couple month swoon back to or close to 6 month ago prices, and then I will buy...although, there is still alot of stuff that still looks cheap....and alot that still looks very overvalued. Who the heck knows in this kind of market. One thing I do know....there is alot of profit still sitting on the table. Alot of nervous nellies will sell if we get a few day swoon, as they wont want to risk a HUGE drop and give back all their gains. Regardless of market direction, it is still a very nervous market, with alot of hands sitting on the sell button after such nice gains. Lets face it, after 2 years of losses, most people would have started this year and said they would be thrilled with 25% gains for the year, cause it sure beats 25% or more losses the past 2 years, or more. Now, I am sure most people are just like me...sitting on some stocks that have gone up 500 - 1000%, with alot more that are up only 100 - 300%. Notice I said ONLY. Considering most people would have ben happy at start of year with 25% gains and we are now sitting here saying "darn, this is up ONLY 300% in the last FEW MONTHS...why is it lagging my others"....well, that is not a good sign, IMO. We would have been happy with 25%, but now we are gripping because stock abcd is up only 300% while my other stocks zxcv is up 800%....I dont know, but I just think if it starts looking like we are gonna get more then a baby swoon, people will be selling rather quickly to make sure they dont let good gains slip away. Who knows, maybe I will kick start the market by selling a few shares of this and that. Everytime I do, we get a nice rally that follows <ggg>