To: hjz who wrote (2285 ) 1/18/2001 6:33:37 PM From: Jenna Read Replies (2) | Respond to SDLI 10 points today gain on the 200 January call options with 10 contracts called at 9:40. Those traders made their money on the short side, believe me, and they got out and went long. Shorters are not idiots, they do more research than longs do. In fact if investors did as much research as shorts did they would not have been caught with their pants down losing a years investment gains. I don't like to see shorts ridiculed when finally after 3 months of the longs being trampled on with their 'head in the sand' attitude there are now gains to be made. We were short SDLI for over 100 points but when the trend changed, like chameleons, we changed with it. I imagine there are a few died in wool shorts that typically short to the end, but they are not the shorters we identify with.
