You are pretty hard-nosed.
I am owning COST now, but I was alert enough to sell some calls and buy some puts to protect it.
No stocks can avoid the coming storm, there are not enough cash to assure another rally. Even your beloved DELL/INTC will be killed soon. There were simply not enough people selling the hot stocks and made the bubble getting larger.
The situation has now reversed. When the investors try to sell the stocks, they will find out that there are no buyers and money to support the faked and inflated value.
100% short on YHOO, AMZN, LCOS, FP, ZONA, ZITL, BRCM, CTXS, LHSPF, GMGC, LBFC, SYNM, TNSI, ATHM, MU.
Wish that I had more money to short ENVY, WIND, AOL, DELL, CMGI, DSTM, AVNT, VTSS. Was caught by YHOO/AMZN one week ago, now it's a little too late to add new short positions.
Currently only own CDN, COST, NVLS, all under covered call and put protection.
See, I am a Pink/Wexler follower now. Except for your bullish statement on the future of the market.
We ARE in a bear market now, no need to hide the fact. |
