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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?


To: Poet who wrote (2499)2/9/2000 6:46:00 AM
From: Poet  Read Replies (2) | Respond to of 8096
 
I've just finished reading the thread since last night and I've got to say that I'm really disappointed in what's been happening here over the past twenty four hours. When two people I like and respect get into a prolonged and personal battle, no one ends up looking good. You've been asked to stop, by Jill, BP, cthruu, and now me. Please respect our request that things be kept cordial. If you need to put each other on "ignore" for a few days, then so be it.



To: Poet who wrote (2499)2/9/2000 9:10:00 AM
From: edamo  Read Replies (1) | Respond to of 8096
 
poet...market psychology

aren't the masses looking for a naz correction?...seems like in spite of the run up, the wall of worry exists......



To: Poet who wrote (2499)2/9/2000 10:15:00 AM
From: PAL  Respond to of 8096
 
think there's a place for shorting issues outright

this is a very risky approach, riskier than any option strategy other than naked call. yet brokerage firms allow shorting before selling put option. the exposure is unlimited: just imagine if you have shorted qcom last year and did not cover the next day.

shorting stocks should only be done by people in the know and willing to admit that they are wrong and immediately cover the position. it is best to leave to the professionals: if the prospect of the company is negative, people in the know would have shorted all the available shares. if there are shares available, more likely the stock is not going down.

last thursday i shorted amzn after earnings runup because i didn't believe j bezos can cry wolf some many times. i covered yesterday for a measly 3 point profit. if i did not, i would be under water.

paul