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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (11528)7/9/2001 6:57:15 PM
From: jjs_ynot  Read Replies (1) | Respond to of 19633
 
Tom,

The market must have discounted worse warnings than GLW could throw at it.

Dave



To: Tom Hua who wrote (11528)7/9/2001 8:22:53 PM
From: maceng2  Read Replies (1) | Respond to of 19633
 
Hi Tom,

I had read your earlier posts to Sue etc and I must congratulate you on your market call. My puts buying has been prudent because of the weight of savvy sentiment going the other way. There is talk about a stealth rally. Yeah... maybe a stealth sell off too. That is as much as I can say for now. If I come up with any worthwhile links to say I need to buy more puts, I will post them here first.

Your thread header from Robert Frost is first class btw

p



To: Tom Hua who wrote (11528)7/10/2001 1:40:52 AM
From: Paul A  Respond to of 19633
 
Funny- noboy mentioned ABTL move today.. This should be nice as it should run as the market starts turning me thinks : ) kinda like a delayed reaction to the buyers that returned today..

I killed a few longs today, one being RBAK.. Id rather just wait for CORV to announce and take a long term position in there (corv that is ).. Im starting to look for shorts, and would love to see another 100 naz. points so I could hit the likes of MU (should move up with naz) , and finally start establishing that CCMP short going into earnings just over $60.. Im hitting myself for not covering today near its low, but I had to keep it as the hedge.. Now ill probably take a 2 point hit tomorrow if it can muster a bounce which I think it will..

I would also love one last crack at MU just above 40.. This is an absolute must have in everyones short portfolio.. I really believe this.. and god knows with the size of the float, theres no need to try and gather support to help crush this.. Id need a few billion to make it move down the way I want.. and then some : )

MU is going to collapse so fast and hard, that when it happens- most shorts will have given up the fight (most did last week) and funds will be looking to sell at any price over $25 : )

I have some family issues to deal with so IM just killing most positions going forward this week.. Not much ryme or reason to it since I stilldont have much of a clue what way this will all take us.. I wanted some follow thru at the open followed by a bounce to the upside.. we got the upside, just not the downside.. That kinda makes me think that we gap tomorrow and the selling starts in the afternoon or wednesday...

but seriously.. since I dont have much money going into this 'call' you really gotta ask yourself why anyone should listen to it? : )