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brainlessone

01/27/03 10:02 PM

#68912 RE: jdaasoc #68908

well I sold it at 26 so its a decent discount.

actually have some sub 16 intc

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baletwine

01/27/03 10:59 PM

#68920 RE: jdaasoc #68908

jdaasoc, are you smokin' crack?

"It has nothing to do with banning the shorts or it being unpatriotic to short but somewhere along the line the street is going to line up all it's 401K cash and excess funds in bonds and run the shorts because it will be time to run shorts when multi national colition for military action gets it's act together."

Just what shall we "run the shorts" on, pray tell?

1. valuation?
2. your greed as a long?
3. it's more patriotic not to short?

I really don't get it. I mean, I'm on the side of the rule of law and all, so I should want to run the shorts?

It's a market man. Shorties have their role in setting the prices. In fact, shorties doing some covering may well be what makes this ongoing bear market decline somewhat more orderly.

Just my opinion. We've all got 'em. :)

Best,

-- Bale

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michael03332002

01/27/03 11:14 PM

#68923 RE: jdaasoc #68908

Surely the Catch 22 of the stock market, because the more shorts you "run" out of their current positions, the bigger the vacuum or void you create for NEW shorts. The higher you "run" valuations in relationship to price via the short squeeze, the more new shorts you invite or entice to the DARK SIDE...

IMHO, if you really want to run the shorts out of the market, albeit temporarily, you create a situation whereby there is not any value in shorting by equalizing, as much as possible, the current price and valuation.

that in itself will leave the shorts a tighter profit box to get in and out and SHOULD entice them to lighten positions and maybe even go long...

just a thought

M