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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (17760)4/21/2001 10:36:05 PM
From: American Spirit  Read Replies (1) | Respond to of 37746
 
Why don't you pay more attention to accuracy? VZ is increasing cap expenditure this year. WCOM and FON have curtailed but that is good for their stock prices going forwqards. Means more profits later. T I don't follow anymore, nor the other dogs you mention. But I know you were long WCOM and LU in January. But now you won't buy LU at 7. And think WCOM is going down after it's based so long around 19? IMHO you've become too enamored with your short thinking lately. our original short target was Naz 1950, then you lowered it several more times into irrational exuberance territory (on the downside that is).

As for the semis being "yours" you may be one of the few shorting them so good luck. Knowing you, you will get a little in the green, refuse to cover and end up giving back all your protits. Have you covered any of your shorts yet? Do you not fear the Fed? Do you not believe this rally? And did you buy LU at 7 like I told you? Watch it go into the low teens now.

Like I've said before, when you capitulate it will finally be time to short. But not before except select stock-picks. The market as a whole is still going up, give or take a few profit-taking days.

You are a perfect example of the "pigs get slaughtered" mentality. I would think you'd learn from over-zealous longs' mistakes last year.