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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (70562)	10/9/2008 8:42:02 PM
From: Maurice Winn	1 Recommendation Respond to of 74559

Not so fast there C2. I kept most of my powder dry: <I have bought $50 million Yahoo! at average just under $15. I have also shorted $50 million of SKF at around $130. I'm keeping the rest of the cash for now - there isn't enough volume available to whack the lot on.> So today I shorted $70 million SKF at just under $180. That still leaves me some cash which I'll deploy to buy more Yahoo! maybe tomorrow or next week. Have at you!! Let the markets roar. Meanwhile, QCOM is holding the fort very nicely, with a mountain of cash to help and booming markets [cyberphones are NOT a luxury buy, especially when people have to get a job and be able to communicate]. Mqurice