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.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Joseph G. who wrote (8278)	10/9/1998 11:50:00 AM
From: MythMan	Read Replies (1) \| Respond to of 86076

back in positive territory.. getting the urge to short something.. IBM? NDX? WCOM? all of the above?

To: Joseph G. who wrote (8278)	10/9/1998 12:06:00 PM
From: kahunabear	Read Replies (1) \| Respond to of 86076

I am feeling as though there are lots of dipsters left out there that still need to get a major haircut. These techs have just popped back way too far, too soon and they are still incredibly overvalued (recession or not). I think the financials must be getting hit again. When the bond swings wildy I feel pretty sure it is more leveraged positions being taken out and someone is hurting. BTW, I was a dipster yesterday, but I am back out now. Its a dangerous game and I was lucky. It just seemed like a fevered pitch sell off that I could play for a little bounce. I think there will be more though. IMO, mutual fund redemptions and broker's revised stock allocations have barely hit the market and can do lots of damage. Where are the buyers going to come from at this point ? Other than dippy dipster like me. <g> WS