Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: American Spirit who wrote (33959)	9/1/2001 6:32:25 PM
From: 2MAR$	Read Replies (2) \| Respond to of 37746

This is gambling, folks, educated gambling. Short, long or otherwise. Would have you look at some charts for SEBL, VRTS , BEAS QLGC, NTAP, VRTS , BRCD , NTAP, ARBA , EXDS , ITWO, MERQ, MUSE, MANU, ORCL, VRSN, ARBA, EXTR, SONS , OPWV, CMVT FDRY , AKAM, CFLO RMBS , RIMM ,HAND, PALM ..... and CIEN, FNSR, DIGL, JNPR & JDSU ...if only just talking of the month of August ? Tell me AM , if you played any of those above from the first of August on the short side , where do you see it as "Gambling" ? Most every one & all of them are down 50% ! It seemed pretty clear for anyone able to read the huge Billboard lit up in ---------> flashing Neon lights ! ---->that spoke of every economic indicator affecting the Tech Sector of crashing IT spending & renewed licenses.... complete disappearence in Telecom Capex spending ...huge glut in the fibre/broadband...dwindling advertising spending... falling demand and crashing prices for Semi-conductors (esp in DRAM) and squeezed margins and falling sales in the PC makers...all this plus an erroding consumer confidence. (Not to mention , the market --->selling off after every new announced rate-cut!) Where did you see it as "gambling" to have been short during this time that most every professional trader out there was roaming the NASD as the --->PE police ? *And shorting every rally ?* ** If you missed what happened this past month , you sure must have been blinking an awful lot , or maybe in a summer slumber<G> regards ;-) Mars PS: All that being said , wish you all the best buying LU , NT, and JDSU....and hope you are successful(very very lucky) bottom fishing there <g>