SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Uncle Frank who wrote (22903)4/17/2000 1:19:00 AM
From: kumar  Read Replies (2) | Respond to of 54805
 
performance during this correction

my suspicion is that the only people who'd have done well, would be those who were good at shorting stocks during the correction. (I dont understand options, but maybe there is an equivalent there too).

cheers, kumar



To: Uncle Frank who wrote (22903)4/17/2000 9:39:00 AM
From: freeus  Read Replies (1) | Respond to of 54805
 
recan anyone who has done better tell us why?
Well obviously from all my whining you know I've done worse but I can tell you two people who have done better, and why. Two of the people in my investment club (out of the 30!) who actually listened to the manager of the system and got out in March when warned (warned three times actually March 4th, 20th and 28th) and went short. They didn't short the big guys, just little rotten stocks that were worth a couple of dollars, had no earnings and little growth rate, and were higher priced than $20-$30. They both have a gain in this month, 50% and 73%. They had a gain anyway before Friday but of course Friday was a present to shorters.
Anyway, whatever.....
Freeus



To: Uncle Frank who wrote (22903)4/18/2000 12:11:00 AM
From: incomep  Respond to of 54805
 
[Can anyone who has
done better tell us why? ]
I did not try any G/K except CTXS, I boxed my long position (synthetic short), decrease my base to $4/share. But it is not worth the worry with the G/K securities since there are so many fraud/pony on the short land to serve as the hedge in this down market!
ip