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 : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (16577)	10/2/1998 7:24:00 PM
From: Larry S.	Read Replies (1) \| Respond to of 53068

Chat: Airline Stocks - Susie, you know i don't mess around with TWA, but i have invested in both ALK (Alaska Air) and LUV (Southwest Air). I have also been following U (USAIR Group). Believe me, I know what the transportation average looks like over the past few months UGLY !! but I really think that LUV and ALK in particular are great investment and/or trading stocks at these prices. I know recession is the new concern, and airlines, with fixed costs, are very susceptible to business slowdowns, but with low fuel costs, and the extreme hits that these stocks have taken, i think that most of the potential bad news is in the price of the stocks already. larrry

To: Susan Saline who wrote (16577)	10/2/1998 8:27:00 PM
From: Ron McKinnon	Read Replies (2) \| Respond to of 53068

stuff today was the opposite of yesterday things shift fast windy, very rough seas, all went wrong, not a tuna to be seen caught a few small porbeagle sharks; in all my years of fishing I had never seen one of these before they ripped up our gear without mercy I had heard that they were as good to eat as mako and threasher shark which I love so I steaked one out and cooked it on the grill when I got home WRONG-YUK PHOOEY!! wish I had been home for a few trades today DSP, I would have jumped all over it near today's low, still a buy but not quite as good ASND, man would I have loved this one in the 36 area, DAMN! RCL dumb mistake of the day; thought it might turn up so put in a B/S for 1000 at 24 1/4 filled at the open at 24 3/8 then crashed big time on some jerk downgrading the leisure sector cnnfn.com if and when I have more time will post more on RCL but surfice it to say that I think it is way undervalued here I have never lost money playing this stock; but there is always a first time; I'm down three grand on it as of the close that buys a weeks cruise Sue >>>stocks you can buy and hold and have 95% no fear that they will come back; where is bottom no one can really answer that question, but common sense says one day they will be at bottom; now I am thinking of just getting some; if it goes lower ... get some more then wait sadly, bottom fishing has not worked well at all for a long time now IMO range playing of solid good companies is the best game these days take a peek at Mr Doe's portfolio if I remember right he started with $100,000; is now over his alleged $350,000 cash available for investment; into margin now keeps buying and buying; and holding and holding and as in his previous life, is riding them to hell; waiting for the turn I suppose if one buys the same stocks in the same sectors, year after year, up to a trillion $'s, and hold forever, one might make a buck or two this way then again maybe not the lesson that the market has taught me over many years is this: if a method, a stock, a sector, etc etc, either does not work or stops working CHANGE!!!! the market changes every day, week, year as Darwin said "Adapt or Perish" have a good weekend all out to look for the elusive Mr T again for the next few days and fully intend to release all sharks, no more trying to eat them see, even old dogs can change

To: Susan Saline who wrote (16577)	10/2/1998 8:28:00 PM
From: tom pope	Read Replies (1) \| Respond to of 53068

>>on the other hand, there is US Air < SSHHH - I try to keep all talk of US air out of this house. Elsa bought it at 17, and sold it on my say-so at 37. Since then I try to limit all talk about US air. When it gets back to 36 I'll tell her "See, good thing you sold it when I told you to." Even assuming she wouldn't have sold at the high, she still left at least $30k on the table. On the other hand, I did tell her to sell NKE at 68. Maybe that evens it out.