Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tommaso who wrote (81808)	12/16/2000 11:28:17 PM
From: energyplay	Read Replies (2) of 95453

Tommaso - Why short the Dow which has a low P/E, some energy stocks, (XOM) and may be supported by the ESF / PPT ? Those stocks also pay dividends and you have resilient drug stocks like Merck and Johnson & Johnson in there. Many of those Dow stocks have strong European business in Euros, and their earnings will rise as the dollar drops. Why not the Nasdaq 100/ QQQ - high P/E, mostly high tech capital goods producers ? Plus, the added kickers that they are owned by the more volitle mutual funds (redemptions can force them to sell) and many of those stocks are heavily margined - which can lead to some big fast, drops. Does the lower cost of put options on the Dow make this a better choice than the QQQ ?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next