Kap, <<<Just shorted another 1000 shares INTC at $27.65 for a total of 3000 short.>>>
Let's call a spade a spade. What you are doing is very impressive. It shows that you are probably a pretty smart guy. Also, you have been pretty lucky.
But, so is a carnival shill. The guys who con the hayseed rubes. And, the same goes for those gypsies that read tarot cards - they are pretty sharp cookies also.
If you truly knew anything, you would have mortgaged all your assets and made some real money, instead of the few thousands that you are impressing us (rubes) with.
You are basically playing with short term volatility and succeeding. I am sure there are your counter parts playing Intel on the long side, even in the last 3 mos (buy at 30, sell at 37; buy at 28, sell at 33, and buy at 22 and sell at 27).
What you have done is pretty impresive, I'll admit. But treat lady luck with some respect - arrogance is not something that she ignores for too long.
Very humbly yours,
Mary |