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Technology Stocks : Semi Equipment Analysis

SOXX 302.84

+2.0%

4:00 PM EST

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To: Proud_Infidel who wrote (7242)	11/27/2002 10:59:35 AM
From: Kirk ©	of 95503

I also firmly believe that we need people with opinions which are the polar opposite of mine and other longs. But to cheer or hope for the demise of a company is appalling, and it is what many shorts do. I've found a large number of "shorts" to be naturally contrary people who like to see others lose money and thus prove themselves "smarter". I see this on my web site. The more vocal of these completly vanish when the market goes against them as they hate to be shown as wrong... but they love to tell people how smart they are when the market is hitting new lows.. But there are many others that just think a stock is over valued and sell options on it. Many longs use options and you need someone to take the other side of your trade. I actually like the shorts as they tend to drive my favorite trading and investment stock, LRCX, to extremes in both directions. If you did more "profit taking" then you might not be so opposed to the shorts who give your shares more volatility and thus opportunity to profit. they seem to have done this with Agilent as well. :) Kirk

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