Bid don't make me laugh! I never said the word FUNDAMENTAL and I never say the word FUNDAMENTAL, its does not apply to to NASD stocks.
I said very clearly I expect a very, very sharp snap back rally. I bring up those stocks as examples of GREAT TRADES on the long side in the coming weeks. I have been long OSX stocks HAL, SLB, DO, RDC, PDS, ESV and retail BJ. But I sold out of all my defensive plays on thursday.ALL!!
I am going VERY LONG TECH and in particular STORAGE. I have no long term tech play except my CORVIS. Which is sentimental because I bought CIENA after it crashed and made a boat load of a cash as it recovered, the CEO of CORVIS was the CEO of CIEN.
So indeed you and I do have something in common, SHORTING TECH, but my history was mostly shorting the INTERNUTS from triple digits to singles from 99-2001.
I still believe in Greenspan, and also that this market has TOO MUCH PESSIMISM baked into it. This is a great time to trade, and I would hate to be short when we snap. Greenspan knows the world is watching and I do think we may even get .75 on 3/20.
Good luck!! |
