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Politics : Ask Michael Burke

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To: Earlie who wrote (78554)3/23/2000 11:19:00 PM
From: Zeev Hed  Read Replies (1) of 132070
 
Earlie, just remember that in these markets, perception matters more than facts, at least, until a stock is "broken".

I think I "called" the recent MU move relatively accurately, yet, if I had the personal constitution and inclination to short, I would have shorted it (according to the scenario) sometime after day 10 and probably in the $110 to $120 range, and would currently have "sleepless" nights wondering how high is high enough (G). Luckily, I just played the scenario's long side, and leaving a good (by now 50%) on the table does not hurt as much as having my ears pinned back (G).

Good luck and best to you.

Zeev
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