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Cody, in RealMoney posts -- in general, when you use the term "long-dated" regarding options, as you did today about F5 (FFIV - commentary - Cramer's Take) calls, how long and what range of months out do you mean (again, in general)? Just so we understand the reference when we read you. Thanks. Usually, I'm referring to a period of three to six months or so, sometimes as long as a year. Cody, I subscribe to your newsletter (although often times do not get around to reading it) and read your column because I respect your hard work and know you have reasoned opinions. I've missed out on lots of upside because I am more long-term and think (and have for years) that the U.S. markets will be taking a large hit. I was delighted to see in your analysis that Ericsson (ERICY - commentary - Cramer's Take) is a short, because now I can attempt to profit from your wisdom finally (I bought a few April 35 puts). Thanks for your continuing fine work (and now I will have to start reading the newsletter!) Thanks, Mike! We'll see. It's not a terribly large position for me, because I'm just so bullish on the economy that I have a hard time being short good companies like Ericsson. But it is what it is. Do you think the gap at Google (GOOG - commentary - Cramer's Take) to $415 gets filled here, or is that something you don't subscribe to? I believe technical analysis is mostly silly. Wow, what do you use to time entry and exits then? Brains! Just kidding. But you should search back a couple years for "cody" and "TA" on RealMoney to read my diatribes about technical analysis. How come you never mention the dynamics of Hynix and Samsung Electronics, which are still some of the larger components of the semiconductor and NAND space? Clearly cheaper and have outperformed other stocks you've mentioned. I don't like the transparency (or lack thereof) into those companies. They're "cheap" for a reason. Cody, does the revolution include Apple (AAPL - commentary - Cramer's Take) alone? Or does it include all forms of on-demand media? A little while ago I bought some common in a small company called SeaChange International (SEAC - commentary - Cramer's Take) that focuses on IP-TV infrastructure, from storage to transmission. They just got a nice upgrade today. I was just curious -- have you ever looked at the company? There are plenty of others (SanDisk (SNDK - commentary - Cramer's Take), Google, F5, etc.). As for SeaChange, it's in the same boat as Harmonic (HLIT - commentary - Cramer's Take): the worst executors ever -- though I suppose both can't be the "worst" at the same time. Anyway, they are serial disappointers. My column about how in the U.S. Life and Economy Keep Improving generated all kinds of feedback, both positive and negative. Here are a few: A buddy of mine liked to say that after WW II, if you touched a recently manufactured item, there was a 50% likelihood that it was made in the USA. ... Maybe the postwar situation was an artifact of the times and not the natural order, but what's wrong with an era in which you couldn't imagine a future that wasn't so bright that you had to wear shades? Just sayin'. I do have to wear shades (literally and figuratively). You sure the country changed, or did you?
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At the time of publication, the firm in which Willard is a partner was net short Ericsson; net long Google, SanDisk, F-5 Networks and JDSU, although positions can change at any time and without notice.Cody Willard is a partner in a buy-side firm and a contributor to TheStreet.com's RealMoney.
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