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To: Ibexx who wrote (11794)2/10/2002 3:56:07 PM
From: Qualified Opinion   of 12554
 
Let's face reality > link >

Link: story.news.yahoo.com 

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To: Qualified Opinion who wrote (11797)2/10/2002 6:32:48 PM
From: Ibexx   of 12554
 
The Soundview article was issued on February 6, after the CIEN prewarning. Thus, it appears that all had been taken into consideration - including the short-term "reality".

Clearly we have different perspective as well as investment strategies. There is no point trying to convince the other side to undertake the opposite approach, and the information I shared was meant for the long-term believers, not shorts.

Ibexx

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To: Ibexx who wrote (11798)2/10/2002 7:36:24 PM
From: Qualified Opinion   of 12554
 
I don't short stocks. However, I took the rose colored glasses off a long time ago. Furthermore, I give no credibility to most broker analysts.

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To: Ibexx who wrote (11798)2/10/2002 7:55:27 PM
From: chojiro   of 12554
 
Hi Ibexx, for as long as I can remember, you have been proclaiming your isolation to the down ward pressures on stocks by hedging with options, leaps, etc.

At what point would you admit keeping your long positions was the wrong thing to do? How about if CIEN is not trading over $30 in three years? Or JNPR trading over $63?
Or QCOM trading over $70? Etc. etc. and etc.

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To: chojiro who wrote (11800)2/10/2002 9:51:51 PM
From: Ibexx   of 12554
 
Chojiro,

If you have really followed my posts as you claimed you did, you would know that I prefer to make my $$$ the long way. In fact, that was the only way for me to make truly big profits - like 5 baggers or more.

Hedging would provide the cushion against treacherous market, but never my way of making a killing.

Ibexx

PS: I have known a lot of folks from rags to riches by picking the right stocks at the right time, but I know of none who did it by daytrading.

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To: Ibexx who wrote (11801)2/10/2002 10:26:50 PM
From: chojiro   of 12554
 
If you have really followed my posts as you claimed you did

Where do you see me say I follow your posts? You merely show up(often times like a cold sore) on the threads I have bookmarked. Or you respond to me with your drivel about your market savvy. You appear to be a much more active trader than I am.

PS: I have known a lot of folks from rags to riches by picking the right stocks at the right time, but I know of none who did it by daytrading.

First of all, it does not surprise me you don't know any successful day traders. not a bit.

Secondly, I showed up on the JNPR thread at $63 almost a year ago and said it was a sell, you called me a fool. I showed up here in the $80s and said it was a sell, you called me a fool. I showed up on the QCOM thread at $63 and said it was a sell, you called me a fool. These were not day trade calls. They were all called at least 6 months ago.

Since you are not scoring five baggers any more, Are you? I will take that to you admitting you were wrong at holding your long positions all the way back down. Hedged or not.

Ah, no worries ey mate. All in good fun. Let the bulls out of their cages for a short while. Maybe CIEN can make a run to $15 too.

Good luck.

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To: chojiro who wrote (11802)2/10/2002 10:43:58 PM
From: Ibexx   of 12554
 
Good bye and good luck.

Ibexx

PS: Will not respond to your posts in the future.

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To: chojiro who wrote (11802)2/10/2002 10:52:17 PM
From: John Koligman   of 12554
 
I'm a pretty active trader, and many of those 'young and bright JDSU/GLW/CIEN/CSCO/BRCM et al' buy and holders I talk with wished they had become traders some time ago... You don't hear about the many that did the 'Rags to Riches' gig, but round trip...

Best regards,
John

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To: Ibexx who wrote (11798)2/11/2002 8:22:24 AM
From: jghutchison   of 12554
 
Ibexx,

Good information, such as that you provide, is useful to both shorts and longs. However, if one traded or invested only on the knowledge of the here and now one would realize mediocre or negative returns. In order to realize good or outstanding returns one must be able to sort thru all the info out there and, more importantly, project that effect into the future. This is known as the discounting effect of the stock market.

When all the bad news is out, the bottom is in. It appears to me that Soundview is saying that the bottom is in and the stocks listed will become stellar performers in the near future as the market recovers.

I'm sure you are personally aware of all of this as your trading style and tastes are similar to my own.


Jack

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To: Ibexx who wrote (11798)2/11/2002 8:39:18 AM
From: jghutchison   of 12554
 
More on current bad news/future good news.

Corning hit bottom?


lightreading.com 

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