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.

Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: SiouxPal who wrote (13012)	4/9/2005 10:20:18 PM
From: DayTraderKidd	Read Replies (1) \| Respond to of 361380

I think at this point shorting the diamonds could lead to pain. Not big pain but pain none the less. I base that off the moving averages in the monthly timeframes and the monthlies have the longest term implications. Also, I am assuming you are talking about spy and dia. Someone might have better luck with the QQQQ below 35 and then only if the moving averages follow them down to that level. I also think the smh is clearly the weaker of the two between the qqqq and the smh. I answered you this morning concerning pfsd but I don't think the pst went through. I am not in it right now. Just watching it from the sidelines. In it one day, out the next. Sucks being a flip flopper....

To: SiouxPal who wrote (13012)	4/10/2005 5:41:29 AM
From: Wharf Rat	Respond to of 361380

Not really a good idea to short diamonds at the start of baseball season. Nice grub, BTW (13K)

To: SiouxPal who wrote (13012)	4/10/2005 1:45:36 PM
From: manalagi	Read Replies (1) \| Respond to of 361380

What do you think about shorting the Diamonds? I think you are joking. You are smarter than that to know that diamond is controlled by DeBeers mining which has the world's monopoly. Still don't understand why girls are mesmerized by diamond ring. Once her boyfriend bought that solitaire ice to put on her ring finger, she has lost the economic value of that diamond - faster than the depreciation of a new car driven from the show room -. One smart Oklahoman (is this oxymoron?) woman was given a choice of a diamond ring or a piece of land for her engagement. She chose the land, cultivated and made a lot of money, then the oil company found oil on that land.