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

To: American Spirit who wrote (33445)	8/24/2001 2:04:55 AM
From: mishedlo	Read Replies (1) \| Respond to of 37746

AAPL at least has CASH on hand. Sometimes you make sense to me. But.... I hate two things 1) buying the dips in a bear market until i see panic or some other sign of capitilation 2) AAPL going into retail stores - a sure file way to lose their ass in a recession IMHO You and others acquised me of hyping JNPR when I said it would hit $15 when it was at 28 or whatever. Hell It has and now I can but it at 20 on the uptick and still do better than buy the dippers who bought at 40, 35, 30, 25, 20, 15. Look at RMBS. Actually I like this stock. I bought twice recently but bailed each time after a 30 cent loss. I liked it at 7 but forgot to buy. It ran to 10. Bought when it hit 7 again. Big mistake. Sold it the next day for a loss. Now it is below 5!!!! And this is a company that is profitable. For someone who bought at 10 that is a 50% loss. I hate fighting DOWN trends.... But you know what.. I am going to buy RMBS tomorrow anyway. So. There you go. Mish goes long on something - posted in advance. Mind you I can and will change my mind on a moments notice but that is my plan. I suppose it can fall to ZERO. It might if its patenst are totally invalidated and RDRAM ceases to exist, and there is no stock market runup , and and and ... Patience my friend. I am probably jumping the gun... But If forced at gunpoint I would say RMBS at 5 and JNPR at 16 are good buys that will pay off SOME time in the future. Bet you NEVER thought I would say that! M