SI
SI
discoversearch

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.
Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: craig crawford who wrote (12689)8/13/1998 8:40:00 AM
From: taxikid  Respond to of 18691
 
a few words craig.august dell 155 calls.
a few more...

what are they worth today? and if they are gonna perform as you say they will. wouldn't today be a great day to buy them?
btw i earned 200% in 2 years on one trade. never worried about it, never cared much.. could have taken a 60% return in two weeks, but favorable cap gains, no excess commissions and no instant access led me to lock in a worry free return.
as far as the large gains you are talking about. statistics and time will bury you. and without the "dumb" shorts, the longs would never have gotten that return, so be nice about other peoples losses, as they may one day become your own.
taxi



To: craig crawford who wrote (12689)8/13/1998 9:07:00 AM
From: Roger A. Babb  Read Replies (2) | Respond to of 18691
 
Craig, hindsight is 20/20. One year ago it was far from certain that the Internets would run up so far. Yes it was luck that you made those big gains in a narrowly focused portfolio. I have been trading for 32 years and I have seen many fads come and go. I have seen many genius traders make big gains only to lose it all when the fad crashes as they all do.

My advice is for you to cash some of those big gains and diversify your portfolio.