** OT ** Jacob: Re: "You are not the only person who pointed out to me that I should have listened to the cc before taking a large position in the stock."
Well, I wasn't one of them. My post was purely informational.No big deal.
Re: "You may very well be right, that we've seen the bottom, and technology buys will support an increase in orders, until the capacity buys kick in."
The other part of the bottom is the macro market factors. You and I disagree on this issue. You are bearish on the market. I am bullish. The rally by the end of the month in the overall market will take these stocks (large caps) up form their lows for good IMO. NVLS just accelerated things a bit. There will be backing and filling.
Re: "The main reason I bought all those nvls puts, was to protect myself if the market dives. I now have most of my money in semi and semi-equips (long), and if the market tumbles, INTC may get back to 65, and my puts will be worth a lot of money. On the other hand, if the sector and market goes up from here, my puts may expire worthless. However, I think we are in for a period of at least 6 months, of volatility before the semi-equips head up and stay up."
My post was not aimed at your strategy. But this is not something I would do. That is because I am bullish on the entire market. Long and strong is my motto for the next six months. Traders will make money. Shorters, other than traders, will get crushed.
Re: "Try not to take anything I say personally."
Personally, you are one of my favorite bears <g>. |
