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Strategies & Market Trends : Action & Options- Taxikid plays -- Ignore unavailable to you. Want to Upgrade?


To: Blue On Black who wrote (3789)2/13/1998 6:56:00 PM
From: tcarnes  Read Replies (1) | Respond to of 4339
 
dear lee taxi and druss, bgl in at 101/2 short. went
to check my account and the stock was listed at 1 yes
1 and the account showed the 4000 gain so i went
to cover of course. the stocked covered at 103/4
so i called datek they said it was 11 not 1.
they did give me the stock back at 103/4 gave me a
heart attack. wdry is looking good. had a good day
with pwav long. happy hunting tj.



To: Blue On Black who wrote (3789)2/17/1998 12:21:00 PM
From: Druss  Read Replies (1) | Respond to of 4339
 
Lee--The Friday the 13th market crash fizzled. (sigh)
It seems we will never get to bottom fish. I am becoming resigned to a perpetual bull market. I am working on a formula for evaluating stock fundamentals. It is based on Y2K math. It will take a number and divide that into the P/E, Price to Book, and PSR while at the same time multiply it to the earnings and revenue. It is so people like me who shudder at current fundamentals can apply it and then say "These are good numbers," and calmly invest.
Not too much in the way of movement for me. I stayed out of WDRY and am now watching it climb, currently just long.
All the Best
Druss