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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: Heidi who wrote (14052)2/19/1999 11:22:00 PM
From: Gregg Sterner  Read Replies (2) | Respond to of 90042
 
In case you all haven't noticed..Viper hasn't posted since around 10am EST this morning. Obviously, given it's past history, it's recent high activity here was noticed by the appropriate individuals.

I suggest that we forget it.



To: Heidi who wrote (14052)2/20/1999 12:29:00 AM
From: Paul A  Respond to of 90042
 
heh ya know, I was thinking about these posts when I was out this eve. and that thought crossed my mind.. your right, and im sorry for the stereo type but you know what im talking about!!! Hell, the only girl I ever loved I met via my bulletin board when I was 19 because I didnt realize she was a female, and didnt swarm her but rather held a conversation. Back than the ratio was 99/1 male to female but..

Had a great steak dinner, some killians red... its friday thank God... This has been another rough week ill tell you!

I still love ISIP but its getting really close to falling apart again.. I cant believe this market, and thats another reason im stepping back.. Its becoming one huge casino.. Nothing matters, no fundamentals - nothing.. You can simply base your investing on volume, hype, float.. its gotten so silly that I honestly believe the markets will completely collapse by the end of this year and I sincerely believe that at this point an entire restructuring of the current system will be neccessary..

In the last 6 months I have had my ups and downs, but I couldnt make greater than 20% if I didnt follow the steroetypical tokyo mex picks that would go from avg. volume of 4000 shares, to 3 days of 20k with 10 point price swings.. Internet stocks fluctuate 10-30 points in a day, and at some points the most actives/gainers would have plus or minus 50, in some instances 100 points.. This was not the way wallstreet was meant to be and I dont want a part of it until it cools off.. You can make a years salary buying 500 shares of something like BCST if you catch it just right.. in 2-3 days!

so there you have it.. Paul predicts American financial markets will completely collapse by the end of 1999. or is it just wishful thinking? heh..

LG.. your right, but its the ones who DONT speak up that should just occassionally share a bit of wisdom.. no ego, no bragging.. Wallstreet seems to bring that out... Than you have idiots like me who admitt when they fail horribly...