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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: JOHN W. who wrote (24163)	11/15/2001 11:17:10 AM
From: TechTrader42	Respond to of 52237

If you look up my posts, John, you'll find that I have indeed been heavily short-selling since 1387. It's not something I'm proud of, but there you are. I first went long when the Naz hit about 5,000. Until that, I was short. I've based my trades on my in-depth analysis of "economic factors" and "multiples." Also, I had ethical concerns. I felt that any shorts at 5,000 would be, in effect, blood money. I didn't want to make money off the misfortunes of the dot.com'ers, who I viewed as heroic entrepreneurs, working for the good of humanity. Regrettably, the market has repeatedly moved in the wrong direction, largely because of SI posts. Scare tactics brought the Nasdaq down from 5,000, when it should have headed toward 10,000. In fact, had it not been for certain posters with bearish agendas, I think the Naz might have hit 20,000, based on economic factors and multiples. But what about today? Today would seem to be the day to cover all shorts and go long. It's my guess that the Dow is going to 20,000 and the Naz to 10,000. I'm asking SI, the SEC and Congress to make every effort to silence the bears so that the market can proceed up without interference. For too long, legitimate longs have been denied the profits they've been entitled to.