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 : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (33056)	9/29/1998 11:06:00 AM
From: kahunabear	Read Replies (1) \| Respond to of 132070

MB, Do you have any easy ways to play the narrowing of credit spreads ? No leveraged though. <g> Thanks, WS

To: Knighty Tin who wrote (33056)	9/29/1998 5:27:00 PM
From: eabDad	Read Replies (2) \| Respond to of 132070

MB - I like the reference to sand in my shorts - clever. The two most overused words on these threads are "facts" and "scam." "Fact" is often used for "it is my belief..." and "scam" is often used for "I do not understand this completely, but something ain't kosher in NY..." A couple of things to realize... (1) Please, you do not know who you are talking to. I KNOW. There is no fraudualent scam. But I do admit the perception of the market blew WFR's price way above justified valuation. (2) I do not fall for anything. I bought WFR at 29, and sold at 53 and 33. My investment style is based on the fundamental understanding of a business cycle. My trading style is based on that, plus technical analysis. Now for the obvious.... In a business cycle, things change over time. (uh ..... duh) The not so obvious? If one does a LOT of homework to gain an understanding of the true fundamental drivers - one can make money - both up and down. Now, a teaser. Go punch up the 7-year stock chart for KLIC and you will see a beautiful sine wave with a huge magnitude. The question you should ask yourself is "why?" Once you understand the answer, then you can make a fundamental determination whether we will see KLIC go from 14 to 60 within the next 15 months. Do I own it? Yes. Will I short it at 60? Yes. TNT, Z