The Stockmarket

[heshy]

I think the next few years will be great. All the better companies are at their highs or within 20% of their highs for the year. I think the gloom of september happened last week and October, November and January will kick ass. Bush winning the election and a terrorist attack( which would only create short term losses) would be the only thing that would cxreate drawbacks.

I use a market letter CABOT. I started using them in 1990 or so up until 98 ish until the crash. That and my divorce set me back I just stated back 2 months ago and am doing well. Jetblue airlines is my big winner so far.

I say jump in--but don't try and hit any home runs with old dead techs. Pick stuff near there highs or within 20% of it.

heshy

[Mike AI]

Hmmmmm this is the exact opposite we have heard from WIG/BPJ....

I personally am bullish on the economy... and stock... but I am a bull in general and have been hurt by it.

I think there is some real momentum in the economy - without any major setbacks ( terrorist attack on US, more accounting scandels, Voodoo getting laid) I think we will see a steady bull.... not like the late 90s, but still solid.

I think people/money want to get back into the market, any excuse people are jumping in strong. Even the down days are not as bad, and when the market pops it covers the previous losses and adds....

Heshy any specific stocks you like? I have been just playing with QQQ and FFF

[BradShaw]

Last two quarters have been decent. Lets hope that the market continues to gain, or I may me walking to the office.

[Winetalk.com]

Originally posted by BradShaw@Oct 3 2003, 12:39 PM
Last two quarters have been decent. Lets hope that the market continues to gain, or I may me walking to the office.

Brad,
let me define "decent" for some who don't know...
if you lost 90% in the stock market and regained 50% from the bottom,
you are still 85% down from the original position
;-)))

...unless you just trade!
;-))

[heshy]

Lets talk nasdaq. She was at 5000. It turned out it was becasue everybody and their mother was in on tech stocks and they were way overbought. I'm not saying 5000 is happening soon but I can see 3000 by the end of 2005. That would still be 70% of its high. Economy is getting batter and no one has their cash in the market yet. The stockmarket is turning around based on results from the companies rather than investors falling in love with names.

The market letter I use holds up to 12 stocks at a time. They now own 11.

Hold Apollo Group APOL 66 42
Buy Corning GLW 9 6
Buy eResearch Tech ERES 35 15
Buy Flamel Tech FLML 34 39
Sell Gilead Sciences GILD 56 41
Buy International Game IGT 28 19
Buy JetBlue JBLU 61 50
Hold Kyphon KYPH 19 24
Hold NBTY NTY 23 26
Buy NetEase NTES 56 21
Hold Odyssey Healthcare ODSY 30 20
Buy XM Satellite Radio XMSR 16 5

[heshy]

Best buy oppurtunity now FLML for a quick run up

GLW if she goes back around 9ish

I got jblu at 49. Its 65ish now. If she dips jump in. GREAT Airline stock.

XMSR--watch this baby especially with all the commercials now

[heshy]

MIKE FOLD---you around?? Still Daytrading???

h

[Nickatilynx]

I'm not saying 5000 is happening soon but I can see 3000 by the end of 2005. That would still be 70% of its high.

3000 =70% of 5000?

Ever thought of click brokering? ;-))))

[heshy]

Nick --Stupid me. I meant at 3000 the nasday would still be 70% OFF its all time high.

[heshy]

Nick---believe it or not I was a CALCULUS major!!!!

h

[Nickatilynx]

perfect :-))

And I do believe you were a calculus major :-))

Those maths have been the basis of many million in both the stock market and the adult web ;-))





Last edited by Nickatilynx at Oct 3 2003, 10:15 AM

[Winetalk.com]

Originally posted by Nickatilynx@Oct 3 2003, 01:14 PM
perfect :-))

And I do believe you were a calculus major :-))

Those maths have been the basis of many million in both the stock market and the adult web ;-))

hahahahhaahahahahahahahahha
;-)))

true!
;_)

[Bex]

Leary on the stock market. Got stung a while back.

[heshy]

Leary on the stock market. Got stung a while back.

******************************************

The stockmarket is like a tennis ball. It bounces back and forth. Everybody has goten stung in the stockmarket.. The long termers win. Cash in the market now will be worth 5times its original status by 2005. Thats right.
I believe if you start now your account will be worth 5 times its value now in december 2004. Thats' 14 months.

h

[pimpdog]

All bullshit aside, I have doubled my money in 6 months with the following stocks.

SNAK poore brother snak chips in walmart
LSCP laser removal of tatoos
OXGN about to move soon, human testing!
MDCI medical
BR offshore drilling exploration
ICOS viagra from europe competitor
RAD rite aid
UDW ( just did a 5:1 reverse split ) some kind of check verification banks use
RCII ( just did a 2:1 reverse split ) and splits often rent-a-center

I highly recommend OXGN and SNAK and LSCP

I just tossed in another 40k towards those.. I have become very interested in biotech and medical stocks... and few other little gems ill keep to my self.

do yourself a favor and research the above.. ask your broker, or toss a coin... i back those 100%



Last edited by pimpdog at Oct 3 2003, 07:46 PM

[MattK]

short term, the odds are much higher that we will have a big correction in stocks, versus the chances for any kind of meaningful rally.

a couple months from now many people will be mad they did not get out while the gettin was good (i.e. sell now while you still have some gains left).

[Winetalk.com]

Originally posted by MattK@Oct 4 2003, 01:10 AM
short term, the odds are much higher that we will have a big correction in stocks, versus the chances for any kind of meaningful rally.

a couple months from now many people will be mad they did not get out while the gettin was good (i.e. sell now while you still have some gains left).

and how much are you losing in your short position, may I ask?

you remind me of myself back in 1985-1987
I was buying puts on the market from 1995 'till AUGUST of 1987...I just ran out of money, while the stocks were moving up....

in Octobner of 1987, the market lost 508 points, 22% in one day,
but....the ship has left without me

[KC]

Originally posted by pimpdog@Oct 3 2003, 10:39 PM
I just tossed in another 40k towards those.. I have become very interested in biotech and medical stocks... and few other little gems ill keep to my self.

What's the point of keeping gems for yourself? The value doesn't go up when people keep gems to themselves.

[MattK]

and how much are you losing in your short position, may I ask?

I lost a good chunk during the 40% rise in the nasdaq over the past few months, but I made some back during the recent downturn. I am a lot more cautious now when to take short positions. I did pretty good the past two days shorting bonds (+3.5% in fund RRPIX the past 2 days)

All we need now is a 20% down week in the nasdaq and I'll be even for the year. If the market does not surpass the september 19th highs early next week we could see some nice declines.

[Winetalk.com]

Originally posted by MattK@Oct 4 2003, 01:42 AM
If the market does not surpass the september 19th highs early next week we could see some nice declines.

reminds me the chart of my dick....it's in the constant decline trend
;-)))

I think you'd make more money buying puts on my penis
;-)))

[heshy]

Originally posted by pimpdog@Oct 3 2003, 07:39 PM
All bullshit aside, I have doubled my money in 6 months with the following stocks.

SNAK poore brother snak chips in walmart
LSCP laser removal of tatoos
OXGN about to move soon, human testing!
MDCI medical
BR offshore drilling exploration
ICOS viagra from europe competitor
RAD rite aid
UDW ( just did a 5:1 reverse split ) some kind of check verification banks use
RCII ( just did a 2:1 reverse split ) and splits often rent-a-center

I highly recommend OXGN and SNAK and LSCP

I just tossed in another 40k towards those.. I have become very interested in biotech and medical stocks... and few other little gems ill keep to my self.

do yourself a favor and research the above.. ask your broker, or toss a coin... i back those 100%

Biotech---FLML

My company recomended it at 40 on its way up. Hit 45 ish than droped last week. Very small company not real profitable yet but just signed to huge contracts with Bristol-Scribs Myers and another major drug company worths millions in profits over the years.

My company said to but a half position and then buy another half once she proves herself ( i guess between 45 and 50). I know the system sounds wierd but its how they protect themselves.

Always average up when the stock is higher not lower. Why--because you never know where a bottom can be.

Number 1 rule---20% down and you get out. Never fall in love with a NAME.

h

[wig]

Here's my opinion for what it is worth.

The market has gained much since the lows in Oct of 02 and Mar of 03 as projected.

I am short from the current level and have been since I said a high was likely a few weeks ago.

I still expect a quick 2-4 week correction in October.

I had originally thought that Oct may hold a cycle high, but market action is suggesting otherwise (unless new highs are seen).

If we do break in October, we should put in a low that will lead to another rally. This will have changed my longer term outlook slightly.

I have 10,500 on the DJIA as a potential target.

The time to buy will be if the market breaks into months end. 8800-9000 and 950-960 are initial support levels to watch for.

The market is still vulnerable to a drop below 7000/DJIA and I fully expect this going into 2005 (maybe by end of 2004).

The ultimate low for eqities is not in yet IMO.



PS- be careful of correlating economy with financial markets!

[Winetalk.com]

wig,
reading your post makes my cash position to look better and better by the hour
;-))))

I have some shopping list I wanna fill at lower prices,
let's hope the market gets there
;-))))

[heshy]

Originally posted by Serge_Oprano+Oct 3 2003, 10:20 PM-->