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To: kanuti who wrote (6717)11/12/2000 2:27:05 PM
From: bosquedog  Read Replies (1) | Respond to of 13572
 
"Selling short against the box"

Tax law was changed on this deferral technique.



To: kanuti who wrote (6717)11/12/2000 3:09:04 PM
From: Boplicity  Respond to of 13572
 
If you have a loss and the loss is greater then 8 to 10 % shame on you, if you have a gains and they are about to go in to the loss col. DO NOT let happen. I would short QQQ, but we are late in the game here and the market could turn on a dime at any moment once the election is cleared. I don't think CSCO could go much lower, SUNW yes, GE just hold the sucker till you die. GE pe is not too out hand compared to 5 yr growth rate, CSCO is still trading at near 4 times, SUNW I don't you have to look, I think they will have the same trouble as the rest of the computer sector, but will be one of the first ones to come back.

Greg



To: kanuti who wrote (6717)11/12/2000 3:25:11 PM
From: DlphcOracl  Read Replies (1) | Respond to of 13572
 
kanuti: Ask yourself this question:

Do you think the NASDAQ will be at 4000 or 2500 one year from now? Once you've answered this question, your decision as to what to do at this time should be obvious.

HINT: I think the NASDAQ will be at 4000. I don't care if the NASDAQ goes to 2800 on Monday or 2500 later in the month. Buying great stocks at this level will prove to be profitable if you: are investing for one year or greater; can ignore the dozens of ill-informed opinions that everyone seems to have; have titanium cahones and can ignore the gut-wrenching volatility. IMHO, the time to sell was in February or March, not tomorrow.