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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Second_Titan who wrote (3240)4/12/2001 10:45:49 AM
From: chowder  Read Replies (2) | Respond to of 23153
 
Hi Que! I mentioned yesterday that I shorted INTC. I PM'd KB earlier today that I shorted RFMD when it gapped up 18% on top of yesterday's 25% gain.

Pick almost any semi stock with a high PE and budda-bing budda-boom! You must be nimble though, don't marry these stocks. Wait for a gap up as the power brokers try to create a market to unload on the gullible.

Retreat into any strength, (don't try to be a hero), and come back to short again. I made three successful shorts on BRCD, the fourth turned away from me. I cut my loss quickly, let it ride up then came back to short it again yesterday, and it came right on down. I covered into the close. I'll short it again when it rises another buck or two.

Back to the tape,
dabum