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.
Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?


To: Poet who wrote (35330)4/9/2001 9:35:38 AM
From: im a survivor  Read Replies (1) | Respond to of 35685
 
Wish I had the guts to short........well not now, but I wish I had been smart enough last year to at least do a little hedging with some shorts or puts.......right now, I am going to hold what I have and hope we are higher in 10 years<ggg>.....and keep the little bit of cash I have sitting and waiting for the stocks I want to come down to me......I'll but more sunw at $5 or jdsu at $5...maybe orcl or ntap....we'll see.....either I get something of quality for cheaper prices, or I will wait until a clear trend reversal has happened...plus....i think if we start seeing sunw, jdsu, orcl, intc and etc at $5 or so, we must at least be close to a bottom on the techs...I mean once everything is down to $5, there is only so much downside left.....not saying the bull will come roaring back and buyers come out of the woodworks, but certainly, if the najor techs get to $5 or so, I would imagine the shorts will move on to something with more upside, and who would want to start a short position on jdsu at $5....even if you think it's going to $1.....why invest in something with unlimited downside potential, but a maximium $5 upside potential....so, If the techs keep coming down and they all get under $10, maybe a bottom will be set.....just hope we dont base for 15 years at the bottom <ggg>

Keith



To: Poet who wrote (35330)4/9/2001 11:15:37 AM
From: AllansAlias  Read Replies (2) | Respond to of 35685
 
You take a crack at BEAS here? How to $30 puts look or $25's?



To: Poet who wrote (35330)4/9/2001 12:13:01 PM
From: Rambi  Read Replies (1) | Respond to of 35685
 
Morning, Po,
I picked up some SPX puts this morning and sold them into that low. Now out.
Last week, I was very dumb. I made a nice 3K in the morning and instead of quitting and cleaning the house, I came back and tried again. Had to sell at the close and lost almost all of it.
And I still had a dirty house.
So am trying to make myself quit NOW. While I'm ahead.
It's very hard.