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To: TheStockFairy who wrote (26011)3/18/1999 10:32:00 AM
From: J. P.  Read Replies (2) | Respond to of 86076
 
The higher this market goes, I'll have to admit, I'm going to enjoy the ensuing mahem. Somebody is going to have to pay the piper somewhere along the line for this ridiculous piling on at the top.

Today I'm just throwing my hands up in the air, afraid to buy more puts, and sure as hell don't want to go long (which is probably the right thing to do)....

Thankful that my puts are June and July....this market sucks!



To: TheStockFairy who wrote (26011)3/18/1999 10:46:00 AM
From: wlheatmoon  Respond to of 86076
 
This whole new ball of wax is starting to rub off on me. I'm beginning to seriously doubt that there will be a correction. BK? Hell, NFW!!!

There may not be many buyers, but there ain't sellers either.

The daytraders have created a new paradigm. They will keep pushing up the momentum stocks and the MM's will just enjoy the ride. The way to make money is to find a momentum stock and ride it for a couple of days.

All this fundamental analysis and rational thinking ain't cutting it. You can't make money in an irrational world by being rational---I know somebody famous said something to that effect. Must have been TokyoJoe or the WhizKidney.....-eg-