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Strategies & Market Trends : Action & Options- Taxikid plays

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To: Allan F who wrote (3798)2/17/1998 5:33:00 PM
From: Druss  Read Replies (1) of 4339
 
Allan--Certainly a rabid investor indicator.
I can't believe anyone would mortgage their house to play a stock like that. KRY is speculative though looking better all the time. Speculative positions do not mean you should put yourself in debt to play them. Sad thing to do IMHO. Only way I would go into debt to play a stock is if I had a copy of one of next months newspapers.
Really don't know quite what to think, Allan. I would tend to think of it as a bearish indicator for the whole market. People get silly as everything keeps going up.
All the Best
Druss
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