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Re: otraque post# 8293

Thursday, 07/25/2002 2:19:45 PM

Thursday, July 25, 2002 2:19:45 PM

Post# of 704049
Ittsalover,

I welcome bears on any thread I participate on. With no contrasting opinions you could get locked into a thought process and get hurt bad financially. It happened to a guy I know (GGGG). As long as the bull and bear camps dont attack each other, it is beneficial to both sides. We are all here to try and make some coin. I want to do it in a courteous and professional way. So keep that bearish info coming our way.

Personally I am a trader for probably the next few years. Once we get all the excess wrung out, I will dedicate a good portion of folio to long term holdings. I just dont see that as wise now so trade i will. I am bearish for a few years, but play things from long side. That said, if we can mount a significant rally soon, I will allocate a portion of folio to a rydex negatively correlated fund. Trying to trade in a market that is dropping off a cliff is not easy, but will make me one hell of a better trader in the future. Best of luck to you on your longs and shorts.

ON a diff note I have an order in to buy 2000 shares of AMCC at 4.05. So far they have chipped thru about half in 14 separate chunks. Tax time is going to suck.

steve


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