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: kurt aichler who wrote (19850)	9/3/1998 8:28:00 AM
From: Jerry Olson	Respond to of 50167

Thanks Kurt That's the one single act that could quell the selloff i see, Alan Greenspan... but I don't see him doing anything over the next 2-3 quarters till he sees the slowing effecting the country... as yet we are still robust, but I think we are going to be alone<g>>> who the hell are we going to sell our goods and services to???? after XMAS this market is dead...the consumer is getting scared... they'll pull in their horns and be sitting on their money... like I said many times before, they don't have to sell anything, they just won't BUY anything....stocks will fall becuause of that event alone... stay fast & loose.... BTW FWIW to all here....it takes a hugh amount of "MARGIN REQUIREMENTS" and large risk to "SELL" puts or calls naked...i would suggest no one but the BEST experienced traders do that right now... With the market in a volitile state of dissaray i would NOT do any trade like this... IKE & other super traders can & have traded this way successfully, this is NOT for short capital trader/investors...FORGET IT!!!!!!