Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 259.21

-4.0%

Dec 12 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: advocatedevil who wrote (61774)	3/8/2002 8:54:33 PM
From: Kirk ©	of 70976

Thanks Kirk. You're correct in that the hedge angle does offer advantages. I still believe however that it has had a minimal impact on my actual trading results. I guess it all depends on one's frame of mind. AdvocateDevil If you are long a stock and then trade it from the dark side, THEN you are not at risk of an infinite loss. This is a HUGE advantage. I have a buddy that Shorted Yahoo at $40... it is now at $18.93. He was right to short it... the trouble was he shorted in 1999 and Yahoo went on to go over $200! bigcharts.marketwatch.com I forget where he covered but he could have lost 5 times his original investment if he got a margin call. At the worst, you have just hedged a long position to lock in a high price. Stock goes down and you cover your short and you can do it over and over until you are stopped out as what happened to you. No, I think you might have felt a different level of fear if you were trading naked short. Still, the skill you showed was impressive! Kirk

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next