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.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Chuzzlewit who wrote (89036)1/13/1999 2:29:00 PM
From: jhg_in_kc  Read Replies (1) | Respond to of 176387
 
chuz, are u serious? go 100% cash!!??



To: Chuzzlewit who wrote (89036)1/13/1999 2:31:00 PM
From: Rich Young  Read Replies (2) | Respond to of 176387
 
Brazil currency band unlikely to hold -- Merrill -http://biz.yahoo.com/rf/990113/8f.html

I'm going into puts.



To: Chuzzlewit who wrote (89036)1/13/1999 2:35:00 PM
From: Lee  Read Replies (1) | Respond to of 176387
 
Hi Chuzz,..Re:.What really scares me is that the US markets have rebounded so sharply from the opening.

This is old news Chuzz. Mohan and I talked about it in early December when Brazil was discussing widening the trading limits on the Real. Everybody should have expected it. Furthermore, US exports to Brazil comprise only about 2.2% of our total exports.

The market rebounded because it's old news and build-out of networking activities in this country to enhance productivity is still a primary objective. (Just look at TLAB!) Lastly, it was observed on CNBC that the US tech companies are not so exposed to SA as are some of the money center banks. That still leaves the regional banks healthy and they've been carrying the BKX since summer anyway.

Tried to buy more CSCO, CMGI on sale but the market was too fast! <g>

Regards,

Lee



To: Chuzzlewit who wrote (89036)1/13/1999 4:39:00 PM
From: Voltaire  Read Replies (2) | Respond to of 176387
 
Chuzz,

I am not trying to be frivolous and there are two reasons I am not worried. The Fed. and the G-7 countries are not going to let their economies go to hell. The reason it will not be a MAJOR problem is because too much money is involved. This market will continue upward for sure next monday. Mark it down. DO NOT UNDER ESTIMATE THE FED.
It is my humble opinion that people are too close to the market. That is why I get away from it when this kind of crap appears. it will drive you crazy.

On the close, I bought more AOL, YHOO, AMZN. I think people that do not buy these stocks when they go down 40 to 50 bucks are crazy.

If you can say the same thing next Tuesday I will sell and get in CASH.

This is exactly what the big boys want you to think.

I say this knowing if I were to listen to anyone about a problem we might have, it would be you Chuzz because I respect your opinion.

Voltaire