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Strategies & Market Trends : Waiting for the big Kahuna
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To: Bonnie Bear who wrote (7680)10/27/1997 12:06:00 PM
From: tekgk  Read Replies (2) of 94695
 
With a lot of fear and caution. Currently I am using index shorts and puts. If this turns into a real bear than I am going after the junk - and there is plenty of it out there. You know Internet hype junk with no earnings and bogus balance sheets - too easy to organize a short squeeze at this time. Next I will target some of the exposed banks. Beyond this I don't know for sure. Bargains, if this is just a correction. If the fed keeps pumping beyond real growth rates I might take another look at gold or high end foreign bonds.
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