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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.25+1.6%9:58 AM EST

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To: oldirtybastard who wrote (44706)12/18/2000 9:28:23 AM
From: chic_hearne  Read Replies (1) of 77397
 
ODB,

I'm going to increase my "core short and hold" position of Crisco on this weeks drunken bull rally.

I'm surprised you're not already short. It's better than playing that other trash you work with, such as RBAK. You have to worry about a 30% rally in one week.

Crisco is a great short and hold because there is virtually zero upside potential. It's never going to run more than 10 points or so, and each time it does I sell a little more.

I get interest on my cash as I wait to cover in the single digits also. Crisco won't make make you rich, but it is the safest short in the market IMHO.

I hope they can take her up to $55 or so this week and I'll short another 500 shares.

chic
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