Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (22358)	3/17/1998 11:51:00 PM
From: Night Writer	Respond to of 97611

Jim, > I can stay long longer than they can stay short, and I have the strongest weapon of all on my side. "TIME" no margins and no dept, and over 60% in bonds and Money Markets< Enjoyed your information on shorting. It roughly follows a stock trader's similar explanation some years back over a few drinks. He said don't short a stock unless I could afford losing some bucks. If I did short a stock, don't get greedy, and get out quick. Haven't shorted a stock since. Never made much if any money doing it, and was trying to get pointers from him at the time. Of course the market was not as volatile then as it is now. I like your no margins, no loans, and 60% bonds and cash position. Try to maintain a similar mix. Good thing, because I'm in an up market with some down stocks! It feels strange. But when I have winners in an up market, I worry about selling or holding. If I sell the winners where do I put the cash? Don't have that problem today. It's only a matter of time and we will have that problem again on this stock. NW