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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Taylor Caruthers who wrote (4423)	1/14/1998 7:01:00 PM
From: Mason Barge	Respond to of 10921

<< I knew when I read your post we were doomed. >> LOL. As I said in an email to a friend who asked me to please announce an impending stock disaster tomorrow, so that the market would go up: <<Better watch out. The last time I announced an impending tech disaster, the market took a nosedive. Cymer was trading at 24 1/2! <<This was unfortunate, in that it led me to the delusion that I have any sort of ability to time the market Maybe it's just better to sell anytime I make ANY kind of prediction. <<Actually, on average, semi equipment shares moved up today, which saved my butt. If it had gone down I would have been screaming. But these days I'm generally keeping 30-40% of my tech issues in short interests. Shorted ASMLF today at something over 71, hope it goes down some more fast! I actually made money day-trading today. Sold Cymer, covered Novellus and shorted HELX and ASM, and kept a couple I bought this morning. I keep moving averages on all the stocks since the bomb dropped, and I stay about 60% long on those one standard deviation under and 30-40% short with those one deviation over. It's been working pretty well. My discipline broke down this morning and I went long, which cost me my profits from my Novellus short. Anyway, I'm daytrading only at this point, except I'm long Asyst and holding on with a death grip until earnings are announced. For those who can't lose their own money, I am happy to assist! 8^)