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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (12716)2/9/1999 4:01:00 PM
From: William S.  Read Replies (3) | Respond to of 90042
 
Tim you've earned the right to gloat, btw when do you think the likes of csc, lu, etc are good to buy. glenn had a target of 90 for csco which seems easily achievable at this pt. I'm thinking of selling some puts.



To: Tim Luke who wrote (12716)2/9/1999 5:26:00 PM
From: Eski  Respond to of 90042
 
True Tim but when they bounce back and they will, it's a nice ride up.



To: Tim Luke who wrote (12716)2/9/1999 5:28:00 PM
From: JustInTime  Respond to of 90042
 
>>i hate to gloat but i warned about the internet bath for a long time now

If I am not mistaken, just about everyone and their brother has warned about the interent bath for a long time now...just watch CNBC anytime anyday and there has been a constant parade of people saying the same thing...in fact, I don't know ANYONE that thought a dip WOULDN'T come...the trick is to know precisely when it will come, ride them on the way up and short them on the way down...now that would be worth gloating over...



To: Tim Luke who wrote (12716)2/9/1999 5:30:00 PM
From: SHGLaw  Read Replies (1) | Respond to of 90042
 
C'mon Tim. The naz would have to fall back to 1700 before us inet longs starting seeing red. A little profit is gone, but we're stilling playing with other people's money.

Remember, if it goes up 1000% and comes back 500%, you're still up 500% and that beats the crap out of 50% increases in some of those really solid stocks.

Hope all is well.

SHG