I Love the Market

greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread

Well kiddies, I made big bucks in the market these last two days. Earnings reports are coming in. Let's take a peek:

Mellon Bank.........UP

Citigroup...........UP...split 3 for 2

Johnson & Johnson...UP



Shering Plough......UP


Wal-Mart............UP Split 2 for 1

Looks like the big boys got a handle on it. How many of you foolishly sold shares in some of the above namesd companies? Let's hear from you. Oh, feel too foolish to admit it, uh? I understand.

Also, consumer spending is still VERY strong, and crude oil is at it's highest in a year.

You folks are missing the boat. Instead of participating in the biggest market boom in history, and riding this gravy train, you withdraw to the isolation and lonliness of this doom and gloom forum desperately seeking assurances from other like-minded posters that we who see the obvious are actually blind.

America is an island of properity in this world, and nothing, I repeat, NOTHING will bring it down.


-- Investor (Bigbucks@money.com), April 20, 1999


Gee, you'd think that someone who invested in Pfizer could come remotely close to spelling the name right...

-- Don (whytocay@hotmail.com), April 20, 1999.

Ah, Ah Dan. I didn't say I invested in ALL of these companies. I was just pointing out how well their doing. How much did you say you'd lost by selling? I CAN'T HEAR YOU!!!

-- Investor (Bigbucks@money.com), April 20, 1999.

Investor has the same attitude many did in the summer of 1929. They changed their minds in late October.

-- All I can do is (see@watch.observe), April 20, 1999.

Made all our money by getting out of the market too soon.

-- Caveat (Rothschild@barons.rich), April 20, 1999.

There's that spelling thing again--appears to be congenital. It's DON, not Dan. And what crystal ball do you have on Microsoft earnings, which may be up for the quarter, but we won't know until after the market closes today?

By the way, I sold my Dell at 90 and my IBM at 180. Those were my two biggest holdings. What have they been doing since I sold them?

-- Don (whytocay@hotmail.com), April 20, 1999.

"Buy on the cannon, sell on the trumpets." de Rothschild

Your post sounds a great deal like trumpeting.


-- Mr. Decker (kcdecker@worldnet.att.net), April 20, 1999.

Damn Dun, sorry about that.

-- Investor (Bigbucks@money.com), April 20, 1999.

You're preaching to the wrong forum, Investor. Talk to these folks.

2000: Y2K Impact on Stock Market & Society

-- All I can do is (see@watch.observe), April 20, 1999.

Merk should be Merck

Shering should be Schering

Oh Well, Who cares anyway.

What goes up must come down. Just a matter of time.

-- Spell-check (now@home.edu), April 20, 1999.

"America is an island of properity in this world, and nothing, I repeat, NOTHING will bring it down."

Yeah, that's exactly what the people of Troy thought too.

...and Rome.

...and Nazi Germany.

...etc., etc.

Boy are you in for a big surprise.

-- INVAR (gundark@sw.net), April 20, 1999.

"This ship is unsinkable. God Himself cannot sink her."

-- HMS (Titanic@glub.glub), April 20, 1999.

Yes Compaq is sucking air quite nicely, down 50% for the year...

-- a (a@a.a), April 20, 1999.

I bought all those shares at their ten year lows and sold them all the last couple of months. I turned $5.00 into over $140,000,000.00 in just ten years. I am from the future and I know everything.

-- futureman (futureman@here.now), April 20, 1999.

Buy low, sell high. When you gonna sell?

-- David (C.D@I.N), April 20, 1999.

OK folks, lets put this in perspective.

So Mr. Investor gloats now... Don't let it get to you... Just remember that having all those (soon to be worthless) stocks, and money in the (soon to be bankrupt) brokerages and banks will not feed you when you're hungry, quench your thirst when you're thirsty, nor care about you when you need their help.

Mr. Investor can talk now, but the last words won't be his. Just like a child who tease others because of his own insecurities, Mr. Investor tries to rub his words into you.

"Sticks and stones may break my bones but words will never hurt me."

-- Just my two cents (Reality@Check.com), April 20, 1999.

(Confession: Of COURSE, I wish I could have called this market. So do most of us, including the late arrivals who keep it going. That's why a troll like this can get us going. Buttons, buttons, who's got those hot buttons of ours?)

Rich troll,

Poor troll,

You're still just

an asshole.

-- your_better_judgment (Don't_go_there@troll_land.com), April 20, 1999.

You only "make money" if you sell before the market goes down the toilet AND put the money into something that survives the crash. Hope your broker has lots of phone lines.

-- David Palm (djpalm64@yahoo.com), April 20, 1999.


here's something God says to those whose god is money and riches:

It's from the bestseller of all time...the bible

rev. chapter 18

The merchants who sold these things and gained their wealth from her will stand far off, terrified at her torment. They will weep and mourn 16and cry out: "`Woe! Woe, O great city, dressed in fine linen, purple and scarlet, and glittering with gold, precious stones and pearls! 17In one hour such great wealth has been brought to ruin!' "Every sea captain, and all who travel by ship, the sailors, and all who earn their living from the sea, will stand far off. 18When they see the smoke of her burning, they will exclaim, `Was there ever a city like this great city?' 19They will throw dust on their heads, and with weeping and mourning cry out: "`Woe! Woe, O great city, where all who had ships on the sea became rich through her wealth! In one hour she has been brought to ruin! 20Rejoice over her, O heaven! Rejoice, saints and apostles and prophets! God has judged her for the way she treated you.'"

-- gotitlongago@garynorth. (vacajohn@(nospam)jccomp.com), April 20, 1999.

Born to be down... And you haven't heard it... Before now. Born to be dumb cuz your havin', cuz your havin' too much fun.

And you just don't get it You keep it cope-aesthetic and you learn to accept it we know your so pathetic.

And you don't And you don't And you don't And you just don't get it!

-- Feller (Feller@wanna.help), April 20, 1999.

It is better to pull out two months early than one day late.

-- prepared (historyrepeats@itself.com), April 20, 1999.

Summer and Autumn of 1929

-- Headlines (Seasons@change.times), April 20, 1999.

There can only be one response to this kind of foolhardy bragging. It is the old concept that has always withstood the test of time:

A bird in the hand is worth two in the bush.

-- @ (@@@.@), April 20, 1999.

Mr. Investor, I DID, and I feel like a first class fool, and I admit it.

gotitlongago@gary north, what you said was spoken like a true Bible thumper. I got it long ago from that nut too, and if I hadn't listened to North, I'd be a lot better off right now.

OK, so Mr. Investor is laughing. Well I admit that he had more brains than I did. At least he was smart enough not to pay any attention to a man who's never made a correct prediction yet. And I, like a fear-crazed idiot, sold back in November. Congratulations Mr. Investor! My husband is still laughing at me. But just don't take an elevator ride.

Oh well, I'll have a good story for my grandchild. "Sweetheart, let granny tell you about the time that she (who thinks religion sucks) sold her stock at the worst possible time after listening to a religious nut."

-- gilda jessie (jess@listbot.com), April 20, 1999.

Investor: well congradulations you did quite well considering...

Now, about 11 months from now you'll be with your CPA and he'll go over all the Capitol gains you recieved and mention ,how many deductions do you have ? None, well I guess you'll have to pay the full % of taxes to help offset the war effert.

So now your back to square one-1/2. Sounds like a personal problem to me. Should we really care what your investments did ? really ???

-- Furie (furieart@dnet.net), April 20, 1999.

Hey investor, I have made big money last week by shorting the market with put options. I rode 25 put contracts with Wallmart from 103 to 90!!!! $4700!!!! Then I did the same with Earthlink, went from 80 to 62 and made over $6800!!!

I'm now in position with puts with Kodak, caterpillar and international paper company!!! They are on their way down BIG TIME.

Hey investor, learn to trade put options and call options and you can make ten times as much than trading just regular stocks! In fact I'm doing puts during the big market crash and then converting into gold and silver to cover me during Y2K!!!

For FREE training to do stock options see www.OptionAdvisor.com CHECK IT OUT!!!

-- freddie (freddie@thefreeloader.com), April 20, 1999.

Well, I made an investment last week. A $10,000 18 month CD at 5.35%. I'm going to do the same in 4 and 8 months from now (if the banks are still doing business). In the mean time, the cash is in a 4% money market account. I'll have about $20,000 left in cash after my Dec. CD. This is FDIC insured money.

Yes, I thought about taking it all out of the bank, and I have said so on this forum. But what the hell, if the banks haven't recovered by Oct. 2000, we're going to be in such deep s*** that it won't matter. I guess it is a gamble, trusting the FDIC guarantee. But, as long as the banks stay up, I'm making at least a few percent on my money. Mr. Investor, your $10,000 today could easily be 9,000 tomorrow, 7,000 the next day, and 4,000 the day after. I wish you luck. You may need it. <:)=

-- Sysman (y2kboard@yahoo.com), April 20, 1999.

"Mr. Investor, your $10,000 today could easily be 9,000 tomorrow, 7,000 the next day, and 4,000 the day after. I wish you luck. You may need it. <:)="

But so could you're "safe" $10,000 if we get hyper-inflation (which is a possibbility).

Sysman - get your money out of the bank - FDIC will only save a very small percentage of accounts, probably not yours.

-- Andy (2000EOD@prodigy.net), April 21, 1999.


Sorry about your losses, but with a good broker and a good CPA you CAN still make money. I'm in and out of them regularly and have been for years.


Sounds like sour grapes to me.

-- Investor (Bigbucks@money.com), April 21, 1999.


Don't worry, Norm hasn't gotten to me with all of his happy-face bank stories (BTW where is Norm?). Banks have been #3 on my list of concerns for quite a while, after power and oil. The way I figure it, if the .gov totally tanks, cash will be used for TP. Unless we hit a 10, the economy will recover, money will have value, will be spent, and will end up in, banks, aka FDIC. It may take months to shake out, but I think it will. That 20K will be in gold, silver and a few $, just in case we do a 10. If so, it will be worth at least 50K, Yea, I could have 125K in this case, but what's the point? If we're not in shape by Oct. 2000, it's every person for themselves! <:)=

-- Sysman (y2kboard@yahoo.com), April 21, 1999.


The result COULD have been, you left your money there, and eventually it ALL disappeared -- rather than got sold at a low price. Give it time... this is one of those events/decisions that can actually be viewed differently depending more on the future than the event itself.

PJ in TX

-- PJ Gaenir (fire@firedocs.com), April 21, 1999.

Yeeeeeeehaaaaaah! I'M WITH YA' INVESTOR! LET'S RIDE THIS BABY FOREVER!!!!........oh, i forgot, i just applied to withdraw everything out of funds, i guess i'll have to catch up with you next year. At least my piece is small, i'm only taking out a couple hundred grand or so...the hundred grand in cash is already out.

-- br14 (br14@money.com), April 21, 1999.

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