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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: IndioBlues who wrote (48557)7/29/1999 7:51:00 PM
From: Jacob Snyder  Read Replies (1) of 95453
 
re:OSX sure seems toppy

If you want to see toppy, there are a lot of sectors where all the big caps are selling at forward multiples far above their long-term growth rates. Internets, semis, semi-equip, drugs. My preference is to hedge my long positions (that I don't want to sell for tax reasons) with big-cap index puts.
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