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Technology Stocks : Semi Equipment Analysis
SOXX 309.40+1.0%Dec 5 4:00 PM EST

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To: Gottfried who wrote (4042)7/16/2002 8:20:10 AM
From: Sam Citron  Read Replies (1) of 95531
 
G,

Yeah, but who heard of swing trading back then (1972-82)? I was mainly in suspended animation waiting for the tone of the market to improve.

My first short play was not until '83 or '84 as I made a notorious bet against Home Depot at a split adjusted price of about 50 cents a share, which I thought was just astronomical for an oversized hardware store. <g> I managed to barely get out at a small profit, but learned a powerful survival lesson about going against the grain too early when the stock is a "darling".

Sam
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