SI
SI
discoversearch

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: Andeveron who wrote (52853)9/16/1998 2:49:00 PM
From: HairBall  Respond to of 58727
 
Andeveron: Kahuna thread turned into a go-go market rally gathering

I totally disagree! You must be reading less than half of the post!

Regards,
LG



To: Andeveron who wrote (52853)9/16/1998 2:50:00 PM
From: AlanH  Read Replies (1) | Respond to of 58727
 
Andeveron, re:Market Perception

Alan, market perception is much more important than market reality. Enough people believed in it. There was enough speculation and positive spin on an interest rate cut that the market roared back over the past couple of days. Bears became bulls and the Kahuna thread turned into a go-go market rally gathering. Nothing has changed fundamentally in the world, save much market spin and tales of better times ahead. Once this fades, I believe we continue our downward spiral.

Yup, perception is king. Yet I cannot help but feel that folks went along for the ride -- fully aware that the cover story was license to kill. As a by-product, sentiment and technicals have improved, ushering opportunity for further upside. Such processes encourage perception to shift so that in the end we question whether the FED just might lower rates. Of course, the situation is exacerbated by those "realists" which short into stronger hands.

Moral of the story: let 'em eat. There'll be plenty of time to catch that downward spiral. In all honesty, I'm amazed at the magnitude of the swindle. BIG money. <g>

Regards,
Alan



To: Andeveron who wrote (52853)9/16/1998 2:52:00 PM
From: vegetarian  Read Replies (1) | Respond to of 58727
 
>>Nothing has changed fundamentally in the world, save much market spin and tales of better times ahead. Once this fades, I believe we continue our downward spiral.<<

Not to mention the temporary cushion the market got from options expiration, so all those who wanted to help Bill possibly closed their put positions early to help the buying and the rally :-), where do we go from here now?