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 : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Frank Ellis Morris who wrote (12326)	10/27/1997 7:02:00 PM
From: Sonki	Read Replies (1) \| Respond to of 27012

frank, Market should not have been this high to begin with. It has to correct. Faster the better. slow decline would be very painful. i sent u an email. my ira is ok. i had pretty much cashed out last week. As soon as cpq had great numbers, i sold. i will be fill up my ira again or maybe i will just sit on cash so i can exercise and take care of my health. anyway, what is lost is only money. Never had it anyway, comes hard and goes easy. still have my family, can't seem to loose them. <gg>

To: Frank Ellis Morris who wrote (12326)	10/27/1997 7:32:00 PM
From: Brian Malloy	Respond to of 27012

Amen Rev. Frank ;-) The market over the past week, and especially today has once again demonstrated that while people think it is domesticated- the market is a wild beast capable of turning and slamming the unwary in a second. Hopefully today will serve as something to reflect upon. People should ask themselves what they felt about as they heard the market was on its way down. Are they truely buy and hold? Would they feel more comfortable in a mutual fund? What do they think about options- at least the calls? What about the use of Margin? I would imagine their will be some calls going out tomorrow. They tell people to think about the questions above and others in light of a "worse case" market pullback of 40%. We are only down 10% over this past week, so one would probably need to multiply their feeling today by a factor of eight to determine what they would be feeling like in a 40% drop (feelings would not be a linear function). Regards, Brian PS: When you are finished with the album cover send it to sonki so she can put it on her web site and we can all see. When is it going on sale.