To: Michael Bakunin who wrote (48101 ) 2/23/1999 1:58:00 PM From: Mary Cluney Read Replies (4) | Respond to of 132070
mb, >>>PS - have you figured out what price you'd sell Intel at yet? It's headed for 135, you know... <<< Good call. In less than 10 hours that the market has been open since you posted this msg, Intel has gone from an intraday low of ~125 to ~ 135. You could have made approximately 8% in less than two days. But, you have an agenda that prevents you from making money if it doesn't conform to some negative outlook. Similarly, with Dell, In January, I had this exchange with Michael Burke:Message 7390986 Message 7396541 At the time, I had recently bought Dell for less than 70, and when it went over 100, I started to get nervous (a lot of it because of Burke's barrage of negativity) - and finally sold when it reached 108. I'm fairly certain I made a lot more money on Dell than MB did with his puts. What a great call, but did he make any real money on it? I'm skeptical. My point? Enjoy it while you can. When the bear market comes - that will be another story.fabmktbabe.com Say It With Me Now.... BULL MARKET. Just thought I would revive a few sentences from a couple of columns last year that should hopefully describe what we are in the midst of. And, just because I can "feel" those questions coming, here's why am I so confident, not to mention unwavering, in my stance. It's quite simple really. And all it takes is the remembering of the following: Surviving the nastiness of a bear market. Any of you out there remember what that feels like? I hope so, if only for the following two reasons: 1. It's not fun. 2. It is nothing like, despite the market's recent twists and turns, what we are in the midst of now. End of story.