intelligible sentence then post....Was that
Chinese Mandarin you were speaking in?
can't deal with this market correction/bear
market....so funny how the newbies are whining...remember and
learn something from this experience....When the nasdaq
runs up like it did and you begin to see signs of fed
becoming more agressive and emerging signs of
inflation...wage inflation...etc....take some chips off the
table....Markets NEVER rally in a rising rate
My greed lingers as I wait for next week! I feel
Friday could be a problem - nimble as a deer I'll surely
The state of the economy will
continue to be a matter of interesting debate for a couple
of months. More Feds have reiterated their cautious
approach to declaring victory over inflation. I agree the
market will rebound with a vengence when things
straighten out - and internet/tech stocks will lead the
pack. Nothing better than investing in good companies
and watching the investments grow. But then
volatility keeps the adrenalin flowing. It makes one a smart
and thinking person too.
I agree this is the
time to accumulate promising stocks on significant
dips. I am eagerly working on this.
No, I don't
visit any ECON sites. I read news papers and magazines
to stay in touch with the latest. I have a
background in banking.
Save you profits buy back from 80 hate to see you
lose all the way back to 62 where I got in last
time...THINK RIDE THE CASH DOWN...and buy back at lower
levels...after LOCKUP EXPIRES AND FED INCREASE seen at meeting
last night Fed board member stated 1/2 point rise is
in the works...
Make mine a double bartender
overwhelming greed...LOL....BUT You better be
VERY nimble on those short positions. I do feel that
the worst is over for markets....but still believe
that <<<IF>>> economy shows
continuing robust growth, markets will sell-off and then
wallow away over FED/inflation fears. Markets staged a
nice rally/rebound last week on benign econ data but
are wallowing again this week on FED issues. PPi on
fri. I very much agree with your perspective.....maybe
cause I am cautiously uncertain as to the markets
direction. We both know that the econ data will dictate
where we go from here...
Markets did try and rally
though last week and if anything comes in benign or flat
let's say then we are likely to atleast attempt to
rally. Personally I feel the worst is over for the
markets....that doesn't however mean that we don't wallow away
for a few months till things clear up. The only
rational explation I can come up with for your short
position is that you strongly believe that we have a ways
to go on our battle with fed/inflation fears and
that further scary signs will cause a market
sell-off....<<<<<DO you have any good ECON web sites that get into
discussions on FED policy and inflation???>>>> I
am basically NEUTRAL at the moment and I do agree
with your fed statement and your post. I am looking
hard for SIGNS of a slow down to get the edge on any
future rally's. It will also be interesting to see how
historic summer tech stock weakness plays out...perhaps we
are working that out now..nasdaq has been quite
bearish. Let's hope we get out of this mini-bear and
resume the bull rally....only a matter of time IMHO the
internet/technology revolution isn't going away any time soon and the
BULL market will resume...I say accumulate NOW for the
rally which likely will come towards the end of summer
and rocket in the fall/winter 2000/2001.
Luck on those short positions...like I said you should
be very nimble with those...
on the economy:
"On Tuesday, a U.S.
central bank official reignited fears of further interest
rate rises by suggesting it was premature for the U.S.
Federal Reserve to declare victory on its war on
inflation. San Francisco Federal Reserve President Robert
Parry said one month's data indicating a cooling in the
economy was insufficient evidence."
I see bearish
outlook for the market until we receive a series of
benign data suggesting sustained cooling in the
Covered some in pre-market. Still short with overwhelming
You can find all the lockup info you need on
ipolockup.com. It shows when the expiration date is and how many
shares. It also shows how stocks react when expiration
draws near, the day of the expiration and a few days
after. Very interesting----take a look.