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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (38102)4/5/2001 3:45:42 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Yes you are right, we get burned when TXN comes to 27 from 55 but waht do I do instead of selling at that point as I did yesterday I created a leverage call position..smae with a lot of these stocks, bears have to borrow to short, the realistic thing is that a bull can lose all his money but bear can lose infinity, the hsorts have a fixed return if htings go right they cannot gdet more than 0, if things go bad they can run things up to infiinity..like they did 5300 on Comp..



To: Jerry Olson who wrote (38102)4/5/2001 3:55:23 PM
From: Luce Wildebeest  Read Replies (1) | Respond to of 50167
 
"...I AM NO LONGER BULLISH..JUST NEUTRAL...

THOSE BIAS'S WILL KILL PEOPLE..."

Yes OJ I recognize this statement as the crux of your investment strategy and agree with you whole heartedly FWIW.