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.

Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Victor Lazlo who wrote (37719)	11/13/2000 10:17:57 PM
From: chic_hearne	Read Replies (1) \| Respond to of 64865

And some never gained anything to begin with because they are such grumps and so wrong, that they kept shorting all the way up this incredible bull market for the last 17 years.... hey, ring a bell, chic?? I wasn't shorting stocks when I was 6 years old. -ggg- I actually had never shorted a stock or bought puts on a stock until April of this year. Just because I'm bearish now doesn't mean I have always been bearish and always will be bearish. Hell I didn't even really buy into the bear case for the whole market until about mid summer when I watched the SOX deteriorate. I was stubborn and held to long, but eventually recognized what was happening and started playing the other side. Now I have made more off of puts on SOX stocks than I had on the long side. Of course if I could've timed the top I'd be up more than both combined, but calling tops and bottoms isn't an exact science to me. I just know that the Nazdaq is absolutely no where near a bottom at these levels. Especially not with business and the economy deteriorating on all levels. I wish I could be a long term investor, but I honestly feel going long Sun or Cisco at these levels I may never have the chance to get out at even. I'll go long both stocks for a long term investment when they reach the single digits or when I'm convinced the Naz is finished giving.