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.

Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: sammy levy who wrote (4313)	3/6/1998 9:09:00 PM
From: Market Tracker	Respond to of 18691

Sam, - I personally would only consider government-backed instruments for safely sheltering my "core position" money. I'm not saying the market can't still be played, but I'm not going to be playing it with 100% of my risk capital. I could be too early in my timing, but I'll be around to play another day. "Assuming the market takes a big hit, and takes the world economy with it" <== That will be the time the gold bugs have their day. Frankly, I'm puzzled and mystified by the current market goings-on. I have not seen this kind of irrationality in valuations in my 30+ years of daily market observation. I really don't know what to make of it. Will we soon see the day where the S&P 500 sells for 30X earnings, and 7X book value? Making money in the market is nice, but preservation of capital is absolutely THE number one priority of all investors, and in many cases today, that notion has been forgotten. MT PS - That being said, I bought 1000 shares of SIII purely on the takeover rumors, at 3:15 today, but what the hey, you gotta have a little fun too. PPS - re: #4310 - ROTFLMAO