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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Dwight E. Karlsen who wrote (9056)11/23/1997 11:17:00 AM
From: Tommaso  Read Replies (3) | Respond to of 18056
 
It seems odd that you would go on reading this thread if it offends you. No one is making you do it. By the way, you might want to pay for some spelling lessons out of your profits.

Simon is very generous with his cheerful and funny remarks and I have enjoyed reading everything he has had to say.

Catching up on the mail--

Warned by Bonnie, I am going down to Quick and Reilly and ask them to let me read all their fine print.

It will certainly be interesting to see if the U.S. Markets try to second-guess Japan during its holiday closing. Is it true that the trading curbs now allow declines of 10% and 20%? Has it actually been changed?

Hey Joe! How about I wish for a lock-down shutdown of the market 20% off by noon? Remember what happened the last time I wished!



To: Dwight E. Karlsen who wrote (9056)11/23/1997 12:52:00 PM
From: Simon  Read Replies (2) | Respond to of 18056
 
<<Simon, I made 93% and 73% profit on two call trades>> GOOD FOR U. I am not particularly a Bear or a Bull. It makes very little difference. Except for the fact of ultimated consequences of a Big bear market.I went Bearish in 1992 on USS at around 130. Just when the bull market started. It did a nice 6 month formation and I shorted it at around 90 and did extremely well as it went down. Eventually; whomever, I had borrowed the stock from couldn't take it anymore and I had to give back the stock. MY OBJECTION is that some people who apparently do not understand the market are acting like cheer leaders for some stocks, and unwittingly dragging other people into the stock only to lose money. I lost $ 500 on a very stupid assumption several months ago when the Head of Raymond James & Co. in Florida said the correction is over. To his credit, several weeks later he was on cnbc and admitted he made a mistake. If the head of Raymond James can't get it right, why should people have any faith in the multitudes of amatures who are doing Pom Pom dances for a particular company they think is going to be winner?



To: Dwight E. Karlsen who wrote (9056)11/23/1997 12:56:00 PM
From: Joseph G.  Read Replies (1) | Respond to of 18056
 
DK, <<this thread was one big cheerlead>>
This thread did not cheerlead, some recent arrivals may have.
<<I made 93% and 73% profit>>
Some people on this thread had documented profits of 930% and 1,730% on options. No big deal. Only suckers get excited about a + or - 73% option moves.

Joe



To: Dwight E. Karlsen who wrote (9056)11/24/1997 9:32:00 AM
From: Cynic 2005  Read Replies (2) | Respond to of 18056
 
Dwight,
Bulls and bears both have emotions. But, this thread is not an official bear thread. Most of us here know one thing for sure without doubt, we can be dead wrong on many things! I personally don't try to taunt when I make good calls and get depressed over my bad calls.
Re. cheerleading, again, most of us don't get attached to one particular stock. FYI, several regulars on this thread have taken opposite positions on the same stock.
-Mohan