Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Big who wrote (2299)	10/27/2000 1:11:40 PM
From: 2MAR$	Read Replies (1) \| Respond to of 8925

Nice little UT here....shorted SDLI in the am after longing last night was thinking of Craig and you guys , doing the same , you guys are "One" with it (and JNPR ) go baby... ah here's the pres, he's always good for a little "bounce" lol go CIEN!! ;-)

To: Mr. Big who wrote (2299)	10/27/2000 2:33:35 PM
From: ciVic	Respond to of 8925

Here is a quote from cakid58 from the VRTS board on yahoo. You know what I think, this guy happens to be right about this market. I suspect his time frame is within 6 mo..give it a read "I sense that complacence in many of the shorts and swing traders in VRTS. The feeling of invincibility and making money at each turn cannot and WILL NOT last. I am willing to wager that many of these amateurs and semi-pro's are quietly increasing their exposure at each turn, feeling that they know what will happen and to make money with VRTS is EASY. This, my friends, is the same trap longs fell into in Jan-Mar of this year. History repeats itself, trust me. And the repeat will NOT be a precipitous drop in VRTS or the market in general. It will be a sudden upturn, maybe over a series of days where the door for the short seller and swing trader will be too narrow to squeeze through. You wont hear about this on CNBC. It will be the screaming in the basement that Grandma can't hear. It will happen without much fanfare like the drop in April, May, or Sept. Many shorts will be caught and will lose 30-70% of their gains. THE KNIFE CUTS BOTH WAYS!! That has not happened yet. It will. And soon. Mark my words. Dont try and game it. STAY LONG and FOCUSED. There will be a time for profit taking at the expense of the complacent short. Watch and learn." I do agree that the market being down for 2 months striaght the market flirting with 3000....the shorts are on the prowl. this thing could wipsaw up so fast it wil make us all sick that we missed the run. too many longs on the sidelines....too many shorts in the stocks...PERFECT for a huge rally All the longs are waiting for the "right time...and the market will make a huge move without them...the shorts covering. Then all the longs will see the move and chase it up even more just after shorts jumped on the first rally. this may play out... ciV ciV