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To: Boplicity who wrote (4540)11/8/2001 8:30:09 AM
From: Venkie  Respond to of 13815
 
rally again



To: Boplicity who wrote (4540)11/8/2001 8:45:24 AM
From: im a survivor  Read Replies (1) | Respond to of 13815
 
I kind of wonder what the shorts are thinking.......I know most everybody thought or still thinks we re-test the lows.....and maybe we do...and maybe we dont......I know If I was short, I would be looking at how the market has shrugged off some pretty bad stuff and done fairly well....knowing investors look ahead and may see a bottom in sight for the economy, I think alot of shorts are sitting around scratching their head right now....what is happening to them now, is the same that happened to bulls that bought the dips....bough the dips, only to watch it dip further....well lately, the shorts have been piling back on when we have nice rallies.....but then the rally continues instead of plumetting back down......I would also look back at history for a lesson....see how the greedy bulls that did not sell got their ass whooped.....I wonder if the shorts will be smarter and tell themselves, we went from 5500 on naz down to 1600....lets not be stupid and greedy and continue to short......maybe they will see what greed did to the bulls and try to not let that happen to them.......I mean sheez.....look at most stocks....many up between $100 - $200 a share...lots of shorts made money as many of these stocks fell to $1 - $25....well, if you shorted extr at $140 you did quite well.....but do you really want to short it between $6 - $20?.....anyway....I have given up trying to predict what the market will do.....My strategy is pretty simple.....buy the big dips.....dont blow your whole wad so you can buy more on further dips...buy quality that has been beaten down and then be patient.....anyway....good luck to all.....