VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: freeus who wrote (33908)	3/18/2001 8:59:44 AM
From: Venkie	Read Replies (1) of 65232

Lynn I think you may want to look at it may be a bit late to go short.Stks are down 70/90 % techs. It would be a shame to loose another big chunk of money trying to bet on a bear mkt.You should hv shorted a long time ago. I hv thought the same thing but quite a few bears hv pm me and reminded me that it would be a risky gamble and that I missed that boat. I am not going to risk my capital trying to hurry and make back quickly what I lost quickly..it probably ain't gonna happen. How do you know we are in a bear rally...how do you know stks won't get better..how do you know we hv not hit a bottom...what homework hv you do on your own. Don't listen to these chat boards..esp me Do your homework..wishfull thinking had killed us...quick money...why would you wait .3200 pts down to go short because you think it's a bear mkt...finding a stock in trouble that hasn't already been killed is a different reason but to wake up 3200 pts later and decide to make back all you loss by turning directions in a good way to loose more money. What do you know about bear mkts..what will you do while your working your regular job and we bounce...do you hv the time to focus on the mkt on a minute to minute basis. I wish you would talk to Edamo and Allan Allias..plz You are my long time friend and we hv screwed ourselves by trying to time the mkt and getting emotional/gready. We hv to accept our mistakes...do our homework...work much harder looking at the balance sheets..p/e...mkt conditions...ect ect.Lynn I hv lost a ton of money and some really smart folks..mostly perma bears who care about me hv said" Donnie leave it alone and sit on your hands..wait for the rally to get real legs and jump in the middle. I fuc6^^ up and I admit it but it doesn't mean I can't go on and pick up the pieces..The mkt is waiting for more amature shorts to get knee deep in short techs..just like the bubble..then they will squeeze you like an orange..The smart money moved short long ago and they are waiting for a bounce..don't listen to the Venkies of the bear world...

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