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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: John Pitera who wrote (29293)3/31/1999 3:17:00 PM
From: Cynic 2005  Read Replies (2) of 86076
 
Another interesting observation from my recent experience: I have decided to cut-back on my put options purchase and trade the market mostly on the short-side. Yesterday I was looking at some of the stocks in my short list. For each and every one of them, I have a reason to pass. Most common of them is that: "though fundamentals suck, this stock trades on anything but fundamentals." Literally, I am sh*t scared to short any one of them (finally got the courage to short Intel and PVN.) When the hard-core bears are so scared of shorting, this market has a serious problem.
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