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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: Return to Sender who wrote (7124)11/26/2002 12:20:30 PM
From: Sarmad Y. Hermiz  Read Replies (2) of 95530
 
>> In addition you seem to jump all over anyone who has an inclination to short any stock.

I just think shorting AMAT at 16 or 17 is silly, especially coming from people who did not short it at 100 or 50. And I am 100% convinced that the deep drops of July and early October this year were caused by concerted Hedge Fund shorting expressly coordinated to panic investors and cause margin calls and bankrupt many people. I am not saying that about anyone on our thread, but I wouldn't put past the average hedge fund manager.

My main problem with shorting after this very modest recent rally is really a question I've asked before. If the prospective shorter could not foresee the up-turn in mid October, why do they think they have any way to foresee the point of a down-turn ?

And regarding RO's losses. His method as expressed in his posted trades should be taught in trade school. As a sure path to financial ruin.

Sarmad
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