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 : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (22723)	8/2/2004 1:32:49 AM
From: X Y Zebra	Read Replies (1) \| Respond to of 306849

I understand... it is not an easy thing to see happening, but that does not mean the opportunity is not there. Yes, I read Julius threads attentively... I believe they are quiet because the market has stop going up... could it be a buying opportunity? I have no idea. As much as those who promote the stock market would like to say that the market is a reflection of the economy, I believe that for such to be true one has to use the Graham mentality, in other words you only buy those companies that truly make sense... Anything else, (such as the dot.bom mania and the day trading boom and bust that followed), is speculation, pure and simple and as such, speculators are at the mercy of the 'wizards' of wall street including the acolytes of the actual markets, i.e. market makers and specialists. The reason the public will NEVER gain an advantage is because they are playing against the house, with commissions and spreads to overcome, as a starter. As much as the market makers and other sacerdotal officers of the markets want to give the image that they represent true Laissez Faire Capitalism, it is unadulterated bullshit, excuse my Russian- because it cannot possibly be 'free market' (particularly in options, btw) because these bastards have to think like criminals in order to survive, never mind that said commissions and spreads are great gravy for them to pick up and totally crap on the public... How wonderful it is to be in a position of removing a bid when the market moves against them and then act like Alfred E. Newman and say... what me worried? If they want real FREE markets, then the computer age has provided for the real thing.... ah but they won't ever make it a real free market using all kinds of exceptions, rules, and pretexts using "orderly markets" and liquidity and such... I say... F. liquidity and orderly... let the market establish what it is supposed to do ... i. e. Establish a price... Another thing... lately... some of the movements by the market truly do not make sense... but hey... I learned my lesson well and I only participate when it is overwhelmingly convenient to me and I can see the advantage on my side.... Which I believe there is plenty of... as of late to name one... these massive sell-offs... right after the companies declare good earning, and then use whatever excuse to practically give it away... only to move 3 or 4 points in the few days after... and listen to the CNBC parade of hyenas that after all... the market is not dead.... LOL what a bunch of crap... The real problem is... people believe them and they continue to dream on the coming resurgence of that elusive unrelenting bull Oh well... Frankly, the public and the taxing authorities would be far, far better off running a national lottery, you would see some serious capital movement of impressive proportions... the problem is, productivity would go all to hell.... LOL as no one would work and start figuring ways to devise the holly grail of lotto numbering.... I think to succeed is simply have discipline and buy only when it makes sense, (which it is not too often)... and from time to time revise all premises... sell options against one's own positions and get as much cash for them as possible... I have been establishing a small position on E-bay (probably the only company that will really benefit from the Internet and the concept of globalization)... and selling options like mad against my own positions... it allows me to go to sleep and it seems to be working for now.... and the premiums are healthy to boot good night....