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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: GT who wrote (17071)3/4/1999 2:31:00 PM
From: timers  Read Replies (3) of 122087
 
Well, I haven't done puts and I don't really want to use a fund because you can't make enough. So, I'm looking for companies that could take a good hit. Problem is, I haven't decided on a co.with a huge downside if the market tanks. If the nets would have went up in accordance with the nasdaq earlier, I would have thought about them. I shorted more RCL, only 30 minutes before a lame announcement that they would sell tickets online LATER THIS YEAR!! Stock went up another point which was 5% for the day. Y2K is coming and people will become aware soon. All vacations will be off. Other than that, Oil sector stocks already look like we are in the midst of a depression, so I guess I'll look at bank stocks which seem to have a huge downside (look at last Oct.) or else just stick with the type of big money plays from this board. Kind of pitiful that I am betting on a downturn, and I don't know what to short.
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