SI
SI
discoversearch

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.
Technology Stocks : Network Appliance
NTAP 111.90+1.3%Dec 19 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Uncle Frank who wrote (7838)4/13/2001 5:50:31 PM
From: Jacob Snyder  Read Replies (1) of 10934
 
re: salesmen's forecasts (from a very smart and well informed lady): Message 15436255

I studied stocks for a year, before I started investing in early 1996. From then until January 2001, 99% of my cap gains were from long positions, and 90% of that was LongTerm cap gains. For me, being short and short-term is a tactic, not a philosophy. It's a response to what I see as changed circumstances.

There are a lot of Triumphant Nihilists on SI now (like me?). The Law Of Conservation Of Sentiment says that the Triumphant Irrational Exuberance of 1999, must be balanced, sooner or later, by a time of equal and opposite sentiment. Of course, some people are rude stuffed shirts whether they are long or short (like me?).

I fully intend on going back to being all long and all longterm. And I might even be smart enough (or lucky enough) to pick approximately the right time to do it.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News