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Strategies & Market Trends : Action & Options- Taxikid plays

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To: BamaReb who wrote (2363)10/17/1997 8:06:00 PM
From: Druss   of 4339
 
BamaReb--I am around if you care to talk or swap E-mail.
I can't predict the market too well at all. JC can do it like he is reading Tuesdays newspaper though. Things are definately starting to bleed, all of the stocks on my watch list that I have checked bled a bit except my hedge position.
Keep in mind it is not necessarily dumb to scrape money off the table particularly if it is winnings. Lee who is no more an evil, scummy short than I am has the luck, savvy, and smarts to be shorting a bunch right now and likely has a grin that would out shine the grill work of a '56 Packard. I am going to look hard at some short side targets. Even if it is not an overall tank the hot air and overvalued stocks may take a good hit. In a tank they will go first and farthest.
All the Best
Druss
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