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Ciber, Inc. Message Board

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  • johnmg47 johnmg47 Dec 29, 2000 7:58 PM Flag

    Can someone explain.....

    If you look at what I am saying, and remove any
    displeasure for the way I present myself, you'll see that
    what you've experienced with stocks like CBR is the
    criminal intent of a Wall Street Oligarchy bent on
    defrauding small investors and stealing their savings. Hell,
    they even steal from each other! What they say is an
    advertising ploy and a hustle - what they actually do is prey
    on the weak and defenseless (just look at tech
    companies right now) and play an endless game of pump and
    dump.

    Bull markets are all pump, bears are all dump. But
    they only let you play one way, while they play BOTH
    ways. And when they are done destroying this market,
    they will need to pump it up again or there won't be
    any game anymore, now will there?

    The whole
    goal of investing in stocks is not about investing at
    all: it's about playing the game, and playing it to
    win. To buy when stocks go up, and sell when they go
    down, and don't stick around long enough for someone to
    change their mind. I rarely even hold stocks overnight
    anymore, because you never know what you've got when you
    wake up in the morning. Could be cut in half like FFIV
    and about 500 other tech stocks in the last 4 months.
    Shorting for the last 4 months has been almost EFFORTLESS.
    There's only about 4 or 5 up days a month, and they're
    sudden explosive spikes that make shorting even easier,
    because the stocks stick their necks out so far as people
    chase them.

    You may say that shorts have no
    respect, but in fact we do. We respect pythons in the
    jungle and tread carefully when near them. But when
    there's only 5 lions and 600 defenseless sheep, we eat,
    and eat big. And when the bulls are running in
    Pamplona we run with them too, we don't 'short' them, we
    run with them. The true successful trader is somewhat
    of a jackal, a survival jack-of-all-trades, so to
    speak.

    If a person is willing to change their minds, and
    trade small, and make profitability instead of one-shot
    homeruns their priority, you can do very very well in this
    kind of market. Freed from the idea of being right or
    wrong or holding to wishes or beliefs, you can simply
    respond to what's in front of you. And what's in front of
    you here is a tech wreck with no end in sight, YET.
    If you take out all 1999-Y2K and draw a line through
    all the NAZ tops prior to 1999-Y2K , you get 2700 at
    the top, and 1800 at the bottom, and that still
    preserves the bull trend from 1990. Will it bottom there? I
    don't know, but the symmetry on the chart seems to
    indicate it could eventually hit near the 1998 lows, and
    that's a long way down from here.

    I sold CBR at
    39 almost 2 years ago, and sweated doing it because
    I thought that I was throwing away a long time
    value holding. However, the only value in investing is
    your money - nothing else. Once a year or so I stop in
    on CBR to see how much money people have lost with
    it that year, and encourage people to get out. If
    INTC can't make money, why should CBR?

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    • Thanks for your discertation on Ciber and tech
      stocks.
      This industry group suffers from a reactive
      versus proactive management philosphy, in short they
      would not know an opportunity if it was running over
      them in a bulldozer.
      Like you I got out of Ciber
      but at a loss to offset soem gains elsewhere.
      I
      wish I could forecast some goodness for this sector
      but maybe 2001 numbers will look OK when compared to
      2000.
      I have no advice to offer however my dollars in the
      bond market that everyone was laughing at in March
      look pretty good now.
      I still say the only hope
      here in M&A.

 
CBR
3.45Jun 30 4:01 PMEDT