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 : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Randy Ellingson who wrote (16443)	12/28/1998 11:00:00 PM
From: The_Guru_00	Read Replies (1) \| Respond to of 27307

Most real traders would agree that going home short is better than long. This is because most major (such as 50%) moves have come on the downside. War, earnings misses, fraud, etc. This rarely happens on the upside, except for mergers. However, I agree with you that the recent gains in certain internet stocks (BAMM, DLIA, SKYM), such as 500% to 1000% in a day, have changed the playing field. On the large caps such as yahoo and amazon, however, there is still a much higher probability that they gap down 50% than up 50% on any given day. I guess longs are Russian Roulette players with a 6 round gun and shorts have a 12, if there is such a thing. Guru.