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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: NOW who wrote (128860)10/12/2001 1:01:54 AM
From: mishedlo  Read Replies (2) of 436258
 
david - they all look juicy.
They looked juicy the day before, and possibly the day before that on some.

More than likely they will look more juicy tomorrow, and possibly even more juicy on monday.

Then what. It will not be down as we might expect.
It will be two more months of torture while they unwind all the shares in another massive distribution effort, just like we saw in june july.

I thought the sheep had learned their lesson but I see they have not. Every day the market looks like a screaming short to me and every day I get stopped out. I have extremely tight S/L's now. Closed QQQ -.12 today and Ebay out flat.

Not playing thes rallies is STUPID imho, and here I sit missing another one. Too late to buy, too early to short. I do not want to repeat my early mistakes in April shorting the first bounce and holding. I thought VRSN was a gift at 48. Well here it is at 53. Why not, 60, 70, or even 80. Another $5 on NVDA and it is back to nearly 90 split adjusted. UFB

These stocks will not fall until 80% of shorts are covered. Even then, the buy the dippers will buy VRSN at 50, 48, 45, etc until it breaks 37 and falls to 20 in a single plunge. Obviously EBAY is a huge value at 45, and JNPR up $6 after hours must be an immense value here, instead of at 9 a week or so ago. Should have bought some current month 2 point out of the money calls for .20 cents or whatever and sold them at the open for an immediate 10 bagger.

The problem is people short every gap up every day then, buying forces them out higher. That said, I am not sure I can resist JNPR tomorrow.

M
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