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: vish ramamurthy who wrote (22462)	1/12/1999 3:47:00 AM
From: IQBAL LATIF	Respond to of 50167

Vish-- Look at the charts of bonds when LTCM fears were known in the market and then try to compare these charts with DOT-- this is not sustainable and the best indicator is that I made an offer which Ray refused I told him buy AMZN at 50% discount to present value but with a reservation you are not allowed to sell for two years, he rufused nothing else can cap this issue better than this are you ready to buy and hold these stocks for years or are you going to put your retriement funds 50% in this stock if the answer is no, just keep out of them.. DOT 'puts' have huge premiums -and NDX moves in confirmity with DOT - this rasies a possibility of a trade here. DOT nears can be sold and further longs of NDX can be purchased and on a violent rally short puts can be covered leaving NDX long puts to play their role when the party begins.. I would think initially DOT and NDX may have similar moves whenever the correction comes but NDX will suffer less below 350 on DOT, for me my NDX test of 1750 will beseen in a month or so and I think I am very nicely placed betting on DOT and NDX combo-- I traded out of my 1270 and 1260's yesterday, I had purchased 1270's on the opening for 9 and 1260's for 4.80 got out of them when SPH was down 15 at 12.30 11.30 and 7.30, so my strategy is working so far fine and the reson I got out of the long puts was that INTC earnings I thought would have a positive impact..