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Strategies & Market Trends : The Stock Market Bubble

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To: RX4PROFIT who wrote (918)7/31/1998 10:04:00 PM
From: Moominoid   of 3339
 
Sinewave: You're not alone. I too am paranoid of a *major market correction* and have traded off a
great stock (AAPL) with an excellent YTD ROI and a lot of additional upside potential for fear of a
market correction. I'm 89% in cash at present and waiting for the market bubble to burst so I can get
back in to equities at a discount.


I also sold AAPL. It went up a buck or two after that but now is down. My overall portfolio beta is negative when counting put options but not strongly so. I was thinking of getting more Australian put index warrants but it looks like I might have thought about it for too long.

David
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