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Technology Stocks : LSI Corporation
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To: sea_biscuit who wrote (23985)8/16/2001 11:01:22 AM
From: uu  Read Replies (1) of 25814
 
Dipy,

> Shorting this market is only for aggressive investors. Conservative investors who fear the markets will go down further, are best served by simply staying away from the market.

Sort of like how it was back in February/March of 2000 when going long in stocks was for aggressive investors, and Conservative investors who thought the markets (and in particular Nasdaq) would go higher were best served by simply staying away! I understand of course!

I was talking to a hedge fund manager a couple of days ago, and he was telling me the markets will definitely go lower - much lower - and basically had the same pessimistic negative views as yours. I asked him if he was going to short the market. His response was: In a ham and egg breakfast, the chicken is involved and the pig is committed! And then said, even though he felt the markets would go lower, he did not want to be a pig on someone's breakfast plate by comitting himself to the market via shorting it at this time!! :)
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