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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Don Pueblo who wrote (16622)	1/28/2000 4:15:00 PM
From: long-gone	Read Replies (1) \| Respond to of 63513

There are worse things, my eye hasn't fallen out & my coffee is still warm. At least it ain't 80 to 5 3/8.

To: Don Pueblo who wrote (16622)	1/28/2000 4:55:00 PM
From: Junkyardawg	Read Replies (1) \| Respond to of 63513

Days like today is when us new investors learn some leasons. I had the good sense to sell some positions early this morning. I unloaded over half of my NTRO for which I had a very nice profit on and unloaded a couple of my "speculative" plays. My long stocks are ADI,TXN,INPH (of course INPH is still very risky but I like it so I held it)Lu, and INTC. As you can see I lost some today but I figured that my reasons for buying these stocks have not changed so I hold them. Now, this is funny. I never ever ever ever short. Why? Because I am terrible at it. I almost always lose when I go short. I think my % to date is about a 95% batting average for losing on my short positions;-) Not good if you do this for a living. My point...my one and only short that I have in my account is NSM. To funny I think it was the only stock on the market today that was up. Gawd I am a terrible shorter. Note: I took a gamble and bought some QCOM options near the close when the stock price was 110 1/4. A small position but will be fun to watch. Days like today hurt but they sure do make the good days you have a lot better. dawg