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


To: Tom Hua who wrote (12777)8/16/2001 11:27:10 PM
From: Druss  Read Replies (1) | Respond to of 19633
 
Tom--I should have been more clear.
Lee has been playing NVDA as a 'Roman Empire' stock, play the rise and fall. Seems to have been reliable for that.
Something I am noticing of late that I haven't seen really addressed is the really good fat shorts aren't out there like they were say a year or so ago. They have been bled out. The ZIXI's at 80 and such are not available now. There are still some good ones but nothing like the glory days.
I think I will call a bottom when I can't find a decent short.
All the Best
Druss



To: Tom Hua who wrote (12777)8/16/2001 11:29:21 PM
From: Blue On Black  Respond to of 19633
 
Tom,
I am not as good a trader as you....no comparison.
I think we go lower long term, marketwise. I aim for safe....long term NVDA is a 'pet'. It is like a mountain....it is there. Like RMBS....QCOM....PRST....and every other large institutional stock. When there is no upside left, where do you go?
I have a core short @ 90. It may hit higher and probably will. That's OK. In a bear, aim for the tallest heads. Some people question if we are in a bear.....I don't. . Pure and simple... It's up on institutional holdings. (All respect to Paul....nothing should be up that much.....good company....good product BUT....and who Just a gut feel.....the split is the only thing left in the arsenal). Just me...

Do I believe it?????Everthing I do at this point is paired trade or covered or flipping like a monkey on a grapevine. I don't like that. More of a swing trader.....but I don't believe that the swing is there.......long term......but willing to play with the last of the 'bubble-believers'.

It's not my job to be a guru, just be alive and standing at the end....

lee