Soft you deserve credit and you obviously have BALLS OF STEEL to short NASD from 3300! I want you to know what happen to me back in the crash of 98. I was also shorting all the . com's and MO< MO stocks thinking we were going lower, I did very well as the sentiment stayed cautious, but if I had gone long at the bottom in the fall of 98 I would have made 5X what I made shorting.
I think the sentiment is so pessimistic that only a crazy fool would not buy and hold at least for 3-6 months! NASD should and will retrace to the high 3000's by early march. Then its time to lighten up, but this crash has all the air marks of 90 when I held DELL, HD, MSFT, and CSCO later in 93. Its time to buy and hold which I do believe will do well at least for 2-5 months!
Good luck my friend! My best picks in 2001 are as follows: CORV, JNIC, AVCI, CRA, MLNM, AMTD, INSP, COSN AND OCPI
I know some are extremly speculative but I follow institutional buying and the #1 stock on my fund buying list is CORV!
Merry Xmas and happy hannukah to all! |
