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 : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (14566)	11/17/1997 8:39:00 AM
From: Nemer	Read Replies (1) \| Respond to of 50167

Greetings Cousin Ike: OEX ...852...865..869....876...883... // > (888.41) < // ...891...896..900....904... Let us all, together, move on into a new week with harmony and peace. Regards----Nemer

To: IQBAL LATIF who wrote (14566)	11/17/1997 9:42:00 AM
From: George Mc Geary	Read Replies (1) \| Respond to of 50167

IQ, WOW it has taken me 4 1/2 hours to read all the disconcerting posts didn't check in on Sunday. Need your assistance on JPN. Please advise me of what your thoughts are since I have not traded this index prior to now. We are all pleased that you share your purchases with up but could you be of further assistance and let us all know if something is going against us and we might be smart to cut our losses or take some of our profits. I am eternally optmistic and hold to long (ie. WDC, ASND) or sell too quickly and therefor end up buried in some and short on profit on others. Thanks. George

To: IQBAL LATIF who wrote (14566)	11/17/1997 10:18:00 AM
From: Cynic 2005	Read Replies (2) \| Respond to of 50167

Ike, Hope you put all the unfortunate incidents of the weekend behind and get back to business as usual. I posted this note to Tom on the tech stocks options thread. This concerns you and I have some advice for this thread also. -MOhan ------------ Tom, hope you get back to business as usual. I always valued your opinions and I for one never doubted your integrity. Also, I respect Iqbal's commentary and I do believe that he is an honest gentleman who is always willing to help. It is unfortunate that things unfolded the way they did over the weekend. Hope time heals everything. Re. today's market action. You have mentioned several time, strong gaps up should be shorted in to. It is funny many people seem to woke up to "undervalued" stocks this morning. -g- The Japanese market seem to have turned on a dime in the wake of the collapse of their 11th biggest bank. The reason for euphoria seems to be Govt. aka tax payer's willingness to bail out the banks. How does this affect the fundamental picture? Will the bad loans go away and the business gets better for the borrowers? Also, on the Ask Mohan.. thread Sankar Acharya, a professor of finance, expressed that the Japanese will be selling US treasuries this week. The rumor is that they will sell at least 10% (~$80 bil) to buy preferred stocks of the ailing banks. And, there is a sense of urgency to do that this week. All told, international finance is in a state of mess. Let your trader instincts roll. Stay alert, take profits as quickly as you can. This is NOT the time for taking investment positions. We haven't seen the worst. IMHO! DON'T GET SUCKERED INTO THIS MORNING's STRENGTH! You may see a 180 degree turnaround by the close! I AM NOT KIDDING! Good luck to all. -Mohan