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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Bald Man from Mars who wrote (7018)4/15/1998 10:18:00 AM
From: hal jordan  Read Replies (1) of 18691
 
I can't even afford to short these stocks. I don't want a margin call when AMZN hits $130 or YHOO hits $200. My only solution is buying the long term puts. Out as far as they can go. I can't see this mania lasting until October. So let them continue to go up. The higher they go, the more money my puts will make. I hope AMZN hits $120. I'll happily buy $100 puts. I'm in at $60 now.

Hal
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