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 : Amazon.com, Inc. (AMZN)
AMZN 227.35+0.3%Dec 19 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: KeepItSimple who wrote (76160)9/1/1999 2:00:00 PM
From: dbblg  Read Replies (1) of 164684
 
OT KIS

KIS,

FWIW, I don't have any trouble believing that you take the positions you post. Your ability to exit massive options positions in the moments after an FOMC decision or whatever runs counter to my experience, but I'm willing to give you the benefit of the doubt on that as well.

What does annoy me about your posts is your tendency to call for the apocalypse (or the ultimate blowoff top) going into a position, exit the trade after a move well within normal volatility bounds, and then say--or scream--"I told you so."

Based on what you posted here, your QCOM trade consisted of using massive leverage to profit from a modest pullback in an extended momentum stock. For someone with your apparently limitless risk tolerance, it was a nice trade, and I heartily congratulate you for it. However, it is a very different trade than the one you posted you were making.

Best of luck, and enjoy your profits.

Ganesh
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext