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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Murrey Walker who wrote (52880)6/7/2002 9:01:56 AM
From: Sully-  Read Replies (2) | Respond to of 65232
 
Murrey, I took a look around yesterday & decided to take a contrary view..... lots of folks were thinking that the bad news was already priced into INTC & were taking positions based on that thinking...... I faded them & went very short.

So far it seems I made a lucky call. At this point, I think I will stay short..... or at least trade to the short side until there is capitulation.

If you aren't inclined to play the dark side, cash is king IMO. It looks like you should be able to pick up some real bargains when the dust settles Murrey. Good for you for sticking to your plan ;-)

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