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To: Eddie Kim who wrote (37717)4/14/1998 12:06:00 AM
From: Dan B.  Respond to of 176387
 
Very Good. You are correct. I should have qualified with that. It's always dangerous to say NEVER or ALWAYS about anything. They are both a very long time. I fully accept that this is an exception to my argument.



To: Eddie Kim who wrote (37717)4/14/1998 12:10:00 AM
From: Dan B.  Respond to of 176387
 
Aside from this exception, and in the context in which you attacked Mr. Call's post, your attack was incorrect and unwarranted.



To: Eddie Kim who wrote (37717)4/14/1998 9:30:00 AM
From: Richard Forsythe  Read Replies (3) | Respond to of 176387
 
If you hold dollars in your bank account, and they drop 10% against Yen, have you lost money? What about if you hold Yen and they drop 10% against dollars?



To: Eddie Kim who wrote (37717)4/14/1998 4:39:00 PM
From: jbn3  Read Replies (2) | Respond to of 176387
 
Eddie and Dan,

I really hate <vbg> to interject a touch of reality into your arguments about real vice paper profits: however, if Mr. Fink did not change his stop loss position at 69, he definitely incurred an actual, real, less-money-in-the-pocket, loss today (PC speak: negative capital appreciation).

When LONGonDELL first posted the information about DELL's analyst meeting, some of us longs warned the thread to cover any short positions prior to the meeting, and go long. Congratulations to those who did.

I see nothing wrong with being a day-trader or trying to make profits on short positions... it just takes a lot more work and effort than being long. But if you wish to be more successful at shorting DELL, try listening to some of the wisdom on the thread about when to do it and when to cover. Work with the thread, and you have a better chance of increasing your profits.

Regards, 3.