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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: oldirtybastard who wrote (65604)2/7/2001 5:14:58 PM
From: chic_hearne  Read Replies (1) of 436258
 
If CSCO gets to 36 somehow in the next few weeks

I tossed around the idea of picking up a few calls as a hedge today, but passed. Everyone, bull and BEAR is expecting them to bounce, me included. We can't all be right.

Giving up on CSCO by the bulls will cause some level of tech capitulation, imo, which would be the most profitable alternative for me, but since that is a myth I must own CSCO calls -g-

Check out the Crisco thread, the die hards aren't even close to giving up, they love it a lot more than ever [lots of newbies blowing smoke the past few days, but I don't think they represent the true sentiment]. They will be buying Crisco until the very bottom. If it's a steal at 10x sales now, what will it be at half price?
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