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Technology Stocks : Ariba Technologies (Nasdaq-ARBA)
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To: Spytrdr who wrote (1182)9/22/2000 9:55:46 PM
From: Boplicity  Read Replies (1) of 2110
 
re: i could have played the drop from mid-160s to low-140s TWICE.

That happen because you are human were creed gets in the way of reality. Shorts are never investments they are trades. With the last of the old high tech biggies INTC, taken out finally, the market is going to focus on and move funds to areas that are growing. The client server model has played out, it's Internet time were the network matters more then the PC. It is easy to understand the above. B2B represents the old economy joining the new economy, even that is basic, so much so Joe six pack gets it. What I'm trying to point out to you is the available pool of funds to invest in B2B is growing. Since you are holding your short you are going to have to ride it to 185 to see if the old high is taken. Me, I never short unless a trend has developed and there is more reason then valuation. ARBA could very well increase by 50% more before the market realizes it's over valued.

Greg
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