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To: Susan Saline who wrote (8823)4/20/2004 1:19:12 PM
From: Return to Sender  Respond to of 13403
 
OT: Money can be made on the short side even as the bubble unwinds further. I'm looking to add to long positions once I get a good read on a short term bottom some time soon.

After that due to the continued lack of institutional buying I intend to sell my longs at break even if necessary and open up a short position or two on the next rally attempt.

If I am right then I'll be adding more money to my accounts to buy the next longer term bottom which may not come this October but perhaps next.

Truth is we won't know until we see the VIX and BPNDX and other indicators reach extremes and institutions come back in as big buyers again.

JMHO, RtS



To: Susan Saline who wrote (8823)4/20/2004 1:50:35 PM
From: Jan Crawley  Read Replies (1) | Respond to of 13403
 
OT

Hi, happily out of Jcom this morning again @26.28(from $21.98). So far I have been JCOM lucky...but not much else.

Got about 6K Amcc @$6 avg and 4.5K Rfmd @8.5 avg...we are going to put our heads(& eyes) together here and make a few moves and make a few $$ out of the above two...OK?!