lifeisgood..you are welcome. Short away. And in the process of you grabbing $$$$$$ into your bank account, please donate $100 or so to:
American Diabetic Association
Battered Women's Shelters
Adoption agencies
etc.
etc.
You see, I've been mostly playing short side for past 3 years, see the following link, check out 1PODSTOCK, and check my archives on RagingBull.com -- QUIET message board
ragingbull.lycos.com
But, at this point in time, when stocks like AMAT are at 11s, the odds are (unless you do quickie daytrades) that you'll be more successful playing the long side (when viewed from a perspective longer than 1 week) by buying on oversold dips than shorting now.
Again, congrats on your dough. Keep it up, and don't forget to donate to charity.
B/c like Russell Crowe said, what you do in life, echoes in eternity
No matter how many millions you make, when you DIE, your money is no good, in heaven or hell.
p.s. for stocks like AMAT and INTC, the chances of it approaching their 52-week highs are better than them going under $5. This is what I meant by "..there should be no fear in the stock market..."
I am talking INVESTMENT point of view, NOT quickie daytrade or swingtrade shorts. |
