To all: I do hope you all will call me the polite bear as I have done quite well shorting Dell that past few days and have not made one remark about it to any of you. This has been a great week, first have made more money in my life with my own company stock MCSC, look at chart if you don't believe me, and if you really want to see if my story is true then check news headlines on that company dating back to last July when I was bought out.
Real life story:::: One of my best friends works for INTEL. He was planning on buying a new house in a few weeks and was looking forward to selling some of his INTC stock to make his dream house come true,,,,,might not happen now, real life real story..
I am anxious to read the comedy over at the Yahoo chat where all of the idiots hang out, we are just so sophisticated over here, I mean that. All of these young hot shots who have turned 1500 bucks into 100 doing options will most likely lose their whole wad tomorrow.
Trading idea of the week::::if the market does stay down the next couple of days because of selling pressure,,,,think about shorting at some point because do you know what monday will bring to all of the hot shot traders out there, that friendly little call that says, we just wanted to inform you that you needed to make a "maintenance" adjustment to your account,,,nice way of saying, scumbag bring in some dough or we are going to ruin your life by selling your stock!! Monday might be panic selling day as traders have all weekend to worry about margin calls and settlements after they all try and buy the dip tomorrow and the dip just keeps going down and down and down.
I actually covered 1000 shares today at 134.5 when I felt the thing getting away from me, I have been trading long enough to read and ":smell the charts". Well I was stupid enough at the time to short another 500 shares at 136.25 and then get to watch Dell shoot up to 139. Sometimes you just get lucky, ironic part is, it is 500 shares that I originally shorted at 111 ,,,so moral of the story is you guys owe me 111 and then I can do you the favor and buy the stock back. Actually you should be nice to all of us bears tonight so that we just might t hink about covering tomorrow to give you guys time to dump, for those of you that want to get out.
I will take the time to cover my @#$ and say that if Dell goes up tomorrow on the open then I need to get out of the computer business and sell used cars or insurance.
Good luck to all tomorrow and be nice, I have been nice to you the past few days by not making personal attacks. |
