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Politics : Ask Michael Burke
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To: Richard Russell who wrote (26500)3/8/1998 10:24:00 AM
From: Bipin Prasad  Read Replies (1) of 132070
 
RR,

Almost every March and July are cruel months for tech stocks.
I'd use these dips as buying opportunity for the second half of
'98 ride. I wouldn't buy them as they fall, rather wait for the
biggest dip which usually comes near option expir. days. I like
to sell naked puts during this period when fears heat up highest.
Occasionally I pick up equity because option market is not as
efficient as equity in term's of timing and don't want to miss
out short term ride. I'll wait like a cat to ponce on a mouse
when an opportunity comes along. Foe the time being, canned
tuna is not too bad. 8^)

Happy trading!

BPP(Bipin's partner)
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