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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: big run who wrote (4848)3/12/2000 2:38:00 AM
From: Street Hawk  Read Replies (3) | Respond to of 19428
 
Sometimes, you just have to ignore what is said around you and go for it.

That's what it feels like for me with my decision to build a bigger short position in various stocks, including the loved high flyers like MSTR and KANA. All the short sellers seem a little reluctant to short the high flyers in this environment. I realize trying to pick a top in this crazy bull market is a VERY low probability event, but I'm just trying to pick a mere short-term top which could take the Nas back down to 4500, which could be very profitable.

About 2 weeks ago, when the Nas was at 4700, I made a proclamation that I would get bold when the Nas hit 5000. Well, the Nas is at 5048, and I feel like things have gotten very rich here, and I will take a stab at this pig, picking on B2B stocks in particular.

I believe the last i-nut craze to crack will be the networking infrastructure plays since they are at the very core of internet capabilities and have some(albeit very small) basis for their valuations.