BPP,
Five minutes? A short term investor? <G>
There's money to be made short term and long term.
Sometimes I'm more confident about the short term direction of stocks. Sometimes I'm more confident about the long term direction of stocks. Options are just a way to leverage your money better (sometimes, if used right) for those short terms.
Yesterday, I was confident that SYQT's very short term direction was down. Today is confirming that. My near term (several months) feeling about SYQT is down. (The dilution is not over.) My long term feeling about SYQT isn't very clear. I think they'll either go out of business, be bought (not necessarily at a premium to current levels), or slowly crawl out of this hole they have dug for themselves. The bearish near term and long term sentiments about SYQT make me more confident about making a "gamble" on the short term direction. If I'm wrong short term (which happens often), I can wait for the near term. If I'm wrong there, I can wait for the long term.
Normally, I'm more bullish on stocks long term and near term. In that case, I make long term investments. Right now, I'm bearish on the market in general near term. It's gone up very high, very fast. A correction is due. I don't want to sit through that, so I'm focusing now more on short term positions where I'm confident about the long term direction.
It's a long explanation, but I hope it makes sense to you.
- Michael Coley
- i1.net |
