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.
Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?


To: freeus who wrote (8865)1/12/2001 11:49:29 AM
From: Kayaker  Read Replies (1) | Respond to of 13572
 
Looking to try shorting, a little:

You may well be right to short -- who knows in this market -- but IMHO: It would be a gamble. The easy money has already been made. I understand you're frustration but think you're way too late. Just look at the last couple of days. Warnings and disappointments from Yahoo, Cisco, HWP, GTW. Also, less weakness in the economic numbers this morning than was expected -- and the market appears to be shaking it all off. I think much/most warnings and earnings disappointments are already priced in, plus we are expecting more rate cuts. Looks to me like sentiment has changed. Will it last? Who knows, but to me, shorting now looks just like buying calls in late March when the market started to drop. All IMHO.



To: freeus who wrote (8865)1/12/2001 11:52:46 AM
From: Kayaker  Respond to of 13572
 
Looking to try shorting, a little:

You may well be right to short -- who knows in this market -- but IMHO: It would be a gamble. The easy money has already been made. I understand you're frustration but think you're way too late. Just look at the last couple of days. Warnings and disappointments from Yahoo, Cisco, HWP, GTW. Also, less weakness in the economic numbers this morning than was expected -- and the market appears to be shaking it all off. I think much/most warnings and earnings disappointments are already priced in, plus we are expecting more rate cuts. Looks to me like sentiment has changed. Will it last? Who knows, but to me, shorting now looks just like buying calls in late March when the market started to drop -- too late. All IMHO.



To: freeus who wrote (8865)1/12/2001 11:55:21 AM
From: Kayaker  Respond to of 13572
 
Edit a message and another copy gets posted....



To: freeus who wrote (8865)1/12/2001 2:43:28 PM
From: mishedlo  Read Replies (4) | Respond to of 13572
 
Sorry freeus I was not on all day!
I bought PUTs on CIEN when it was above 90
same with EMLX

My favorite PUT play is AMCC FEB strike 70's

I see gravity is taking hold after that insane runup.

AMCC earnings are coming up.
Look at ARBA RMBS CREE for what will happen

And that is if earnings are good!
I bet AMCC warns - I can feel it

M



To: freeus who wrote (8865)1/12/2001 2:56:01 PM
From: mishedlo  Read Replies (1) | Respond to of 13572
 
The number of dipsters coming in to buy AMCC right before earnings is simply staggering.

I see the last 3 days have gotten people back into "buy the dips" mentality.

Freeus - I forgot to add that I will do shorting anymore - Only options.
I have seen some insane short squeezes CMRC from 17 to 27
GSPN from 17 to 36.

That will simply not happen on EMC because it is not that heavily shorted, but I prefer swing trading with options

M