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Strategies & Market Trends : Rande Is . . . HOME
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To: Rande Is who wrote (8644)6/24/1999 7:06:00 PM
From: Bucky Katt  Read Replies (2) of 57584
 
Bad news? So long as bond yields keep rising, stocks in general have a cloud over them. More so for some of the high fliers.
A what if might include the FED raising 1/2 point as a warning shot. We talked about this months ago, before most had ever given it a thought. (Most thought I was nuts buying oil futures around the $10 level, and look how that turned out) These are so big most people can't see the forest for the trees.

The second thing to worry about is when China will devalue. That will thump the heck out of most of the Asian recovery, and hit Japan like an asteroid.

I had some very short term puts on EBAY last week. From 3.5 to 17 in a few days. Like I said, been playing with a few high risk/reward option plays.
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