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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: sylvester80 who wrote (10293)12/4/2001 11:33:14 AM
From: Softechie  Read Replies (2) | Respond to of 99280
 
Can you believe this!!! Cisco Systems (CSCO) 20.19 +0.33 (+1.7%): -- Update -- CEO Chambers during company presentation says he is cautiously optimistic about future based on customer feedback. Orders in Nov were linear and on expectations, but visibility is still not clear.



To: sylvester80 who wrote (10293)12/4/2001 12:07:33 PM
From: 4rthofjuly007  Read Replies (2) | Respond to of 99280
 
>>Longs got killed.<<

I was pointing out that you're statement that shorts did great while longs "got killed" is not correct. During the past several years, shorts got killed and many longs made many times their money over. Shares were transferred from those who made money long and lost money short to whose who lost money long and made money short. Zero sum game.

Longs who held the proverbial bag lost the most, of course.


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