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

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To: maceng2 who wrote (154065)3/8/2002 2:45:03 PM
From: maceng2  Read Replies (1) of 436258
 
Anybody else think we are going up on tech kinda fast here?

My NSM stopped out just before earnings at $31, so I bought some calls instead. Just because of my stoopid LRCX short. Some idiots sold because NSM may have made a small loss, which we all know is extremely bullish. Actually it's more bullish then making a small profit. Additionally, ADI has gone absolutely nuts. NSM calls have gone bannanas too since.

Money coming out of the "sidelines" galore!

My short LRCX is steadily appreciating in negative value. I like the cash in my account though, and my next sell point is $33. Currently at $28.5+. I have even bought some LRCX calls as it's practically free money!!!

There has been one or two tiny bits of good news and tech stocks go beserk. This can only end badly for the clowns. They should take more care imho.
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