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Strategies & Market Trends : Classic TA Workplace

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To: Jerry Olson who wrote (75811)	6/12/2003 8:50:47 AM
From: bcrafty	Read Replies (1) of 209892

Jerry, could you clarify something When you say "I am long and will stay that way till the very end of time" I don't think anybody would take statement that literally, but last Friday you announced that you sold all of your longs and you made a similar announcement May 14, so obviously you haven't continuously stayed long throughout the rally. The only long I've seen you mention since then is PDLI July 15 calls on Tuesday. If I read into your posts its seems that you actually mean that you are staying long-biased, intermediate term which is different than to "stay long" IMO. Either that or you seem to mean that you will move to cash rather than get short during future pullbacks. I remember that you went short on the mid-May pullback. Don't get me wrong, I'm long biased too right now and have 2/3 of the longs I had last Friday. However if people are going to state their positions I think they should be clear about it, as I like to try to keep up with who is long or short at any given time and why they are positioned that way.

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