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 : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (8331)	3/11/2004 6:15:58 PM
From: Sam Citron	Read Replies (1) \| Respond to of 13403

why didn't you try rationalizing with me like that before I started buying this dip? I just came to this conclusion myself. I just try to listen to what the market is telling me. Look at my trades. I'm very long, with about 15% cash. I couldn't even make money shorting Martha Stewart this year. It has been just brutal for the shorts. That is just beginning to change. I still believe the market has one more run higher before the punch bowl gets drained but it will be drained sooner or later I certainly hope so in order to unwind my longs and get short at cozy prices, but that scenario is probably too convenient to be realistic. If you are saying there will be periodic rallies all the way down, I can't disagree. I don't see any indication that they are panic selling. True, but they ain't buying either. (I'm talking about Cary and Jacob Snyder here. Who am I missing? How many other LT investors are there left on these threads? Even these two are pretty much AWOL. No wonder. Sam

To: Return to Sender who wrote (8331)	3/12/2004 8:00:08 AM
From: robert b furman	Read Replies (2) \| Respond to of 13403

OT - SHEESH GUYS, I know in the last 3 years we've had failed market Rally after another. I'd like to suggest that a study of very long term charts indicates that after great blowoffs (99-00) and huge sell offs(01-02),corrections that find support somewhere in between result in sideways consolidations. Consolidations are a very common stock price action.Granted we've no seen one since 98-99 for the indices. I think it is overdue.Sideways action is perfect for selling covered calls and puts to add to your positions revenue yield. Just a little history that suggests every 10 % correction is not the demise of the total market. Commodities and global demand for oil sure doesn't suggest that we're slowing down at all. Food for thought and it is important every now and again to look at "LONGTERM MONTHLY CHARTS". JMHO Bob