SI
SI
discoversearch

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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Bonnie Bear who wrote (7774)10/27/1997 3:27:00 PM
From: rairden  Read Replies (1) | Respond to of 94695
 
me too. i'm destroyed.



To: Bonnie Bear who wrote (7774)10/27/1997 3:28:00 PM
From: Tommaso  Read Replies (1) | Respond to of 94695
 
I think these trading curbs are just going to make people desperate to get out. Like when they had bank holidays.



To: Bonnie Bear who wrote (7774)10/27/1997 3:31:00 PM
From: Merlo  Read Replies (2) | Respond to of 94695
 
Hello,

Bloodbath again tomorrow if this liquidy problems persist.



To: Bonnie Bear who wrote (7774)10/27/1997 3:32:00 PM
From: Simon  Respond to of 94695
 
i never imagined in my bearish mind it would sink this fast.

ALL OVER FOR THE DAY.



To: Bonnie Bear who wrote (7774)10/27/1997 3:34:00 PM
From: Bilow  Read Replies (2) | Respond to of 94695
 
I just tried to sell off some of my now in the money DOW puts. No
such luck. Schwab's E-Trade is wrecked. Shows quotes way
out of date. I've given up trading for the day, I bet it closes well
before 4PM.

Question: What do you think the traders were doing during that
half hour cooling off period?

My answers:

(10) Trying to figure out which drug companies have the largest
percentage sales in ulcer medicine.
(9) Went out for a quick bite. All this working makes a guy mighty
hungry!
(8) Thinking about all the advantages of buying low and selling high.
(7) Calling up strangers and trying to sell them stocks.
(6) Wondering how many stocks really were trading that are
contributing to the index they're trying to make a market in.
(5) Thinking about what would happen if the market opened
down another 150 points. Would that mean they would have
to call another halt right away?
(4) Trying to pick all the pieces of paper up from around their desk.
(3) Having a calming cup of coffe (Starbucks).
(2) Calling up their loved ones, and announcing they won't be
taking the elevator to get down from the building. (Or the stairs.)
(1) Removing the fe##s from their underwear.

-- Carl