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Marvell Technology Group Ltd. Message Board

  • here_comes_the_bubble here_comes_the_bubble Mar 1, 2002 11:54 AM Flag


    if all these crooks, scums, idiots upgrade it, they BETTER BUY IT. DO they? Naaaaaaaa....they unload INSIDER's shares. SCUMS!!! I AM SHORT AND I AM HAPPY AND MAKING $$$$. SHORTED AT 42.5 COVER AT 17

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    • Look at the VIX and VXN, serious selloff brewing.

      • 1 Reply to im_the_real_greg_brady
      • I agree with you, judging by those two indexes and the way they have performed in the recent past if the market manages to continue this run through the end of today, a major fall could be a mere days away. I'm currently holding 1 long position, 3 short positions and 5 Put contracts set to expire APR, MAY & JUNE. I was thinking of opening up another long position to hedge some of my shorts but the level of the volatility index is holding me back. I don't see this rally dragging the VIX into the teens, I think that would be too extreme, especially when the semis are usually the main catalyst for any sustained rally and seeing that they are all currently trading at near 52 wk highs ie:AMAT, KLAC, TER, NVLS etc

        I'm going to sit with what I've got for now and see what happens over the weekend. Everyone seems to have forgotten about all the accounting problems circling at the moment and the scumbag media are doing a great job of keeping that side of things very hush hush at present, not wanting to distract anyones attention from this current rally,

        another thing is I think there are still too many novice shorts in this market, ready to cover at the first sign of a rally and these guys have to be squeezed out to remove their bids from the market, many of which are covering their positions as I'm typing, or so it seems,

        anyway, that's my 5 cents worth

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