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Technology Stocks : Juniper Networks - JNPR -- Ignore unavailable to you. Want to Upgrade?


To: jmanvegas who wrote (577)8/6/1999 11:18:00 AM
From: Bo Le  Read Replies (2) | Respond to of 3350
 
I sold short at $156 a while ago. I am looking for 100 points profit each share I sold short in 6 - 12 month. I think the right way to make money on wall street is not to try to be right or wrong on one stock, but to try to make sure to be right 60% or higher. I guess if I short 10 stocks with similar valuation like JNPR, I will be right 80% or even higher so I will ahead of the game even I could be wrong on one or two choices. However, if you put your money on 10 stocks behaviors like JNPR at current price level, you will lose for sure in a long run.

Just my two cents.

Bo