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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Chuzzlewit who wrote (149999)12/29/1999 10:52:00 PM
From: TigerPaw  Respond to of 176387
 
A lot of people are going to be badly burned when this bubble bursts.

I have core holdings of solid stocks, Dell included. Still when you can take a percentage and double it quickly, it seems to me that you are prepared for a crash of 50%. It seems to me prudent to put a porportion of your portforlio toward the high gainers, even speculative, such as QCOM, JDSU, and GMST (although I never have aquired the taste for YHOO or AOL).
TP



To: Chuzzlewit who wrote (149999)12/29/1999 11:00:00 PM
From: hdl  Read Replies (2) | Respond to of 176387
 
OT-I've been burned betting there is a bubble about to burst. The Nasdaq has gone to 500, 1000, 1500, 2000, 3000, and now over 4,000. A couple of weeks ago it had a PE of 164. It must be 200 now. I shorted qqq at 168 and now the same enormous amount of shares at 182. I shorted qcom at 592.
I know chuzz says there is a bubble but not to short.
Because of my huge loss on my dell short I haven't got cash to keep shorting. I hope I can hold on til this bubble bursts. I wish I had been long on the way up or started shorting tomorrow or preferably both. At each stage of the bull for the last several years I have regrettably hedged my longs -and with some of the worst choices. And my longs have underperformed , besides-as I look at value. Perhaps, some on this board will pay me big money for info on what I'm doing so they can do the opposite