Replies to post #143250 on Zeev's Turnips Patch-No Politics (ZEEV)

[TJ Parker]

ride it down with the core shorts and gold stocks

interesting. i was thinking of asking you guys about this. like you, or er, your daughter, i have a huge chunk of my "investment" portfolio in gold (gold funds actually, since those are my only options). so it sounds like you're predicting here that, if the market does stumble here, miners will continue their march up.

now that seems to be plausible (considering how they've reacted when the general market turns down), but is that also what you'd expect if we get a big "barf up a hairball" flush? or would the baby get thrown out with the bathwater?

[Paul A]

ML- Im playing MU a different way.. I have a short sell stop at 13, and will keep raising that as the stock moves higher which I doubt it can do..

Wallstreet plays this game every time Dram prices rise.. The beautiful thing about MU is that regardless of where memory prices go? They STILL cant make any money so whats the point? Its a big game between funds that have to have MU in the ports. and the short sellers that get squeezed on these silly exubberant moves.

If the techs take a spill I think MU could easily go single digits.. If they break her out hard over 14 ill just follow it up.. Nobody who is playing this one on the long side actually believes its a viable business model, do they? : )