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 : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Dale J. who wrote (15187)	4/6/1999 10:38:00 AM
From: SecularBull	Read Replies (2) \| Respond to of 64865

You aparently made it for me. There is a difference between shorting a stock and buying puts. You are placing a bet on the stock going down, but your upside risk is strictly limited to the premium you paid for the put. I know that you understand this point, but the point that I'm trying to make is that to say you're "short" when you haven't actually shorted the stock is incorrect. I'd say that you're much more certain that a correction is imminent when you'll short a stock rather than when you'll buy puts instead (the latter being the better strategy, IMHO). Your conviction, in reality, is much less than you make it seem when you claim to be "short". Regards, LoD