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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (28212)	5/15/1998 6:53:00 PM
From: don ryndak	Read Replies (1) of 132070

Michael, With the idea that the stage is set for a major correction, only a matter of time, I am trying to better understand what steps an individual can take, to take advantage of the correction. Both in the context of an IRA and also as an individual investor. There are certainly plenty of bear options, in the form of the semi's, the semi equip makers, PC makers, the financial institutions, Insurance? Or does insurance keep on trucking? But what I could really use is some help picking out some defensive longs for my IRA. Michael, I would appreciate your comments and insight on how you would play the negative game within the confines of a IRA account where you might not necessarily want to buy puts or cannot buy puts. I would appreciate any and all viewpoints regarding this request. thanks in advance don ryndak

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