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 : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: ViperChick Secret Agent 006.9 who wrote (51198)	8/31/1998 10:39:00 AM
From: Philipp	Respond to of 58727

Hi Lisa: Can someone who has been around tell me the last time we saw such a financial/political mess around the world? Actually, I have not been around enough, but I can say that the situation before the 87 drop did not feel as bad as it feels now. To make it worse, I don't see anything that could turn the situation around quickly for any of the many trouble spots. Russia: increasing probability of an open coup (rather than the coup behind the scenes that is in progress) Japan/Hong Kong: at breaking point, just before the collapse US: FED lowering interest rates? Counter-productive, since it implies that the FED expects a crash. The situation is really scary and I don't just mean for the stock market. I wished I could be more optimistic. Regards, Phil

To: ViperChick Secret Agent 006.9 who wrote (51198)	8/31/1998 11:15:00 AM
From: Dom B.	Respond to of 58727

Good Mornin' SWEETUMS QUEEN...Are you hearing talk of margin calls on the baby boomers? That and the devaluation of the rimimbi yuan will lead us to DOW 7000. imho.

To: ViperChick Secret Agent 006.9 who wrote (51198)	8/31/1998 11:22:00 AM
From: halfscot	Read Replies (1) \| Respond to of 58727

OT Since Fearless Leader is taking all the credit for our good economy and situation in the world up to now, I wonder if he'll get any of the blame for what we're now seeing. They don't call him Slickster for nothing. halfscot

To: ViperChick Secret Agent 006.9 who wrote (51198)	8/31/1998 12:14:00 PM
From: donald sew	Read Replies (1) \| Respond to of 58727

INDEX UPDATE ------------------- Dont need to say how bad the market looks. For those looking to enter PUTs, I am not so sure that today is the best day implying that todays lows may be the short-term bottom, where ever that darn intraday low is. I will still expect some sort of a bounce, but again it should be small, maybe just 50-100 points off the lows and only intraday. This convincing break of 8000 is a strong confirmation of LOWER LOWS in the near future. The latest reading on UP-MO was .75, so the up-momentum does have some strength, and I feel we should bounce. The VIX appears to form a double top today when it hit 45 range again and now is in a bullish trend (heading down). I think todays lows will be the bottome and the rebound to start anywhere from there. Will try to set new targets as possible buy-in points to obtain PUTs. Seeya Seeya