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To: Lucretius who wrote (132909)	11/5/2001 4:19:25 PM
From: Box-By-The-Riviera™	Respond to of 436258

devil worshipping again?

To: Lucretius who wrote (132909)	11/5/2001 4:24:18 PM
From: Tommaso	Respond to of 436258

Having held a very large short position in XLK, the tech stock index, all through 1999-2000 until I finally had a profit, this run-up seems rather tame to me. The only way I kept from being squeezed out was the profits from puts on individual stocks (AMZN YHOO, LU, etc., which had already started to fall) that I kept rolling over to meet margin calls. It made a kind of perverse savings account that was worth nothing at the top and worth a great deal a year later. I will be adding any more index puts if the Dow gets back above 10,000 and the Nasdaq back above 2,000. There's plenty of crazy money out there that could do this. I am not going to start doing any shorting until it gets worse than that, and the only shorting I will do is QQQ.

To: Lucretius who wrote (132909)	11/5/2001 4:44:11 PM
From: yard_man	Respond to of 436258

not crazy, just wrong -- this crap is crazier than Naz 5000 -- CSCO up on that?? What a crock of ...

To: Lucretius who wrote (132909)	11/5/2001 5:09:06 PM
From: At_The_Ask	Read Replies (1) \| Respond to of 436258

The truly sad part is I was long up until Friday. But I couldnt justify holding on a CSCO toss of the coin. the NAZ looks way to toppy. NTAP is up 300% since sept. 11. The tech bubble is going to be quite persistent imo. Its like one of those new tires that you can drill a hole in it and still keep driving.