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Technology Stocks : Micron Only Forum

MU 207.36

+3.0%

Nov 21 9:30 AM EST

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To: zsteve who wrote (46904)	7/1/1999 2:47:00 PM
From: DavidG	Read Replies (1) of 53903

zsteve, I am not worried for You. I am just curious how you make your money on those declining poooooots. Did you sell them or just hold on an am still waiting for expiration? Me a forever bull???? nah I have shorted this stock as well as bought puts over time. Lately I occasionally jump in with an equity purchase or maybe some calls....but....I sell within the same day or next...and most of the time at a profit.<vbg> There was once a time last summer/early fall where I just bought a bunch of calls and held for quite a while for a nice profit, but buy and hold with this trading sardine is rare at best. That is why I don't understand the logic and strategy of most "forever bears" on this thread. I think they are lucky if they break even on their silly plays but in reality I think they are doomed to short term capital losses that show up year after year on their 1040's.:-) Good luck trading DavidG PS: Remember nobody ever got hurt taking a profit!

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