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

To: DlphcOracl who wrote (10890)12/5/2001 4:42:01 PM
From: orkrious  Read Replies (1) | Respond to of 99280
 
I would think (hope!) that anyone who was short has covered by now.


I covered some a long time ago, but still have some to which I added recently. It's been bloody, and as of today in the last five weeks I gave back 40% of my Oct YTD gains. But IMHO anyone initiating longs here is absolutely crazy.



To: DlphcOracl who wrote (10890)12/5/2001 4:51:32 PM
From: marginnayan  Respond to of 99280
 
I can't conceive of value managers buying tech stocks at this point at time.

I meant to say buying prior to the big move. Hence holding may be for long run.
The retail short covering should be done for now. Now comes the professionals. How long that would last or do they have staying power until NAS cracks once again. I still do not thing NAS can make such big moves based on retail power. Just an observation.


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