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Technology Stocks : Stock Swap

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To: Andrew Vance who wrote (9592)11/12/1997 6:49:00 PM
From: Patrick Slevin  Read Replies (1) of 17305
 
Well one has to appreciate the times that we are in...

Hey, Although I only got filled for one put, I did pick the day's high, yes? Most SI gurus will say that's impossible. When I tried to prove it with an earlier post to one of these gurus that it was indeed possible I was ignored, yet a good stock trade on the long side always gets attention.

You, like most, only look at it from the point of view that a long-side trade is a good trade....others do not exist.

Back off and relax...one cannot consistently make a living here only trading from the long side. If, as I conceptualize, this becomes an "official" bear market, then a lot of the SI people will find other things to do. This is just a situation that people played for years buying the dips.

Ain't happening no more. This game is going to get serious soon and the buy the dip crowd is going back to the water cooler to talk about the coming baseball season, bud.

Don't get discouraged.
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