SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: patron_anejo_por_favor who wrote (245195)6/11/2003 8:00:52 PM
From: Earlie  Read Replies (1) of 436258
 
Patron/Myth:

I agree that it has been "trying" this Spring if one has been wearing the Darth Vader cape (spent more than my share of time in the deep end of the pool). That said, current stock prices sure do bring the saliva to the lips.

Not going to do anything too aggressive yet, but sure as heck intend to stay out of the fox hole for the next few weeks as "warnings" period broadens. This market looks tired to me and we have a bunch of twitchy fund managers who have played "mo-mo" but aren't comfortable with it. I think they "sell first and ask questions later" if we get a couple of "triggers" and this could really stampede the herd.

As you both know, I am usually ultra conservative in my approach to shorting, and spend more than my fair share of time either in the fox hole or hunting the "mortally wounded". Probably dead wrong, but it sure smells like we are on the edge of a consequential downdraft and there are many itens out there that could trigger it. With the market having come so far, with many institutions low on cash and "antsy", and with plenty of bad news about to be dumped on the hopeful lambs, it strikes me that the current risk/reward ratio is quite acceptable vis-a-vis a few weeks of short side exposure. One can always "box" if things start to move the wrong way.

Not trying to persuade anyone, just providing a perspective.

Best, Earlie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News