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 : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (3093)	10/26/1997 9:14:00 PM
From: Defrocked	Read Replies (1) \| Respond to of 10921

RE:Every specialist on the NYSE is a trader And you can bet your bottom dollar if the market declines by 5 to 10% or more they will be sellers rather than buyers of the stocks at their posts. This is exactly what happened in '87: Instead of providing liquidity to the market as the NYSE rules mandate they sold and sold and sold on a net basis then blamed Futures Trading and Portfolio Insurance for a lack of liquidity. Be cautious here.

To: LLCF who wrote (3093)	10/26/1997 9:17:00 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 10921

Unfortunately we're not talking market timing...we're talking trading Semantics. What is the difference? We are talking about attempting to predict ST fluctuations in price. READ: MARKET TIMING as if the number of billionaires from this field or that field show how one is more lucrative than the other to US...!!! Its wrong anyway...SOROS Do you really expect people to believe George Soros makes 100%+ per year? If anyone needs to get a clue... Every specialist on the NYSE is a trader and I'll bet 80% of 'em made 2 or 3 times the 100% per annum on their capital that we're talking about! That 80% number is correct but used in the wrong reference. I believe you meant to say that 80% of Mutual Funds woefully underperfom the S&P. If 80% of these guys you are talking about make 100% per year, why doesn't Fidelity hire some of these geniuses and beat the S&P for once? Answer. They don't exist. Allow me to qualify that statement. I am sure there are some excellent traders out there, but they are anomalies, not the 80% of traders you claim. Re: you're but a fool I believe this to be true for one of us. regards, Brian

To: LLCF who wrote (3093)	10/27/1997 12:24:00 AM
From: nycnpbbkr	Read Replies (1) \| Respond to of 10921

RE:Every specialist on the NYSE is a trader David you are so silly, you use all your big words but you can see the forest through the trees. Not one specialist is a trader nor a investor. He is at work at a occupation that is no different than a casino owner. Do you know what on advantage of 1% means? He is making the spread you are buying the risk.