Globalstar Memorial Day Massacre Message Board

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Technology Stocks : Globalstar Memorial Day Massacre

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To: scoobypax who wrote (421)	10/10/2000 7:06:52 PM
From: Maurice Winn	Read Replies (1) of 543

<Do you consider longs jumping in on the same security as a "herd" also? > Of course. I think herds are more naturally longs than shorts. Shorts are more like predators and have to be far more clever than longs who can just buy and hold and usually do okay in a spread portfolio. I could find herd behaviour in many stocks with no trouble at all. In fact, I can't just now think of any which haven't herded in a mindless stampede. That makes rich pickings for shorts who can get it right. Oh, get real. Libelous? Cult? I can defend that use of the word. Unreasoning avid followers are cultists and there are plenty of avid followers there. Okay, I'm an Irwin Jacobs [of Q! fame, not the other one] cult member. But if you call me that, it's not libelous. Mqurice

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