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To: Cary Salsberg who wrote (1574)1/9/2002 1:05:31 PM
From: Return to Sender  Respond to of 95615
 
Got $1000.00 back on AMAT. Sold 2000 at 47.80. I guess it will be a question of timing if both shorts and longs are likely to lose money. I mean if that is true you can also make a case that both could make it couldn't you? Your message below:

I started a message to you this morning, but I didn't want to influence you while you were in the line of fire. We seem to be at a time where both fundamental and technical analysis give way to "the new bull" and the "the economic recovery" mentality. It is a time to be very careful, to take money off the table, not put money on. From this point, both longs and shorts could be looking at big losses over the next month or two.

Sounds like you expect extreme volatility?

RtS



To: Cary Salsberg who wrote (1574)1/9/2002 3:48:05 PM
From: Return to Sender  Respond to of 95615
 
Amazing isn't it? Anyone using reasonable stops today either short or long could have just been hammered by this extreme volatility. I'm back in mainly in cash Cary. I'm willing to listen to all forms of rational discussion. You don't ever have to fear you that will be credited with anything more that another viewpoint. That being said I appreciate your posts as always.

RtS



To: Cary Salsberg who wrote (1574)1/9/2002 5:53:42 PM
From: JSLyons  Read Replies (1) | Respond to of 95615
 
I've followed your posts and this thread for some time, Cary. I agree we are in dangerous waters. I took some profits in ASYT today after a big run up from recent, post 9/11 lows, when I was able to get some cheap shares.

Jonathan



To: Cary Salsberg who wrote (1574)1/10/2002 11:25:38 AM
From: Sam Citron  Read Replies (1) | Respond to of 95615
 
both longs and shorts could be looking at big losses over the next month or two

Are you saying that we should expect abnormal volatility during this time period? If so, March option purchases might be warranted.