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Technology Stocks : Y2k : effects on non Y2k related stocks

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To: Ken Crounse who wrote (25)7/23/1998 5:15:00 PM
From: Geoff  Read Replies (1) of 54
 
I've got a thought. I have been waiting for the DJIA to hit the 9200-9300 range. Every time it does, I go out and buy some way out of the money put leaps on the Dow and S&P Indexes. When I say way out of the money, I mean 7000 or below (on the DJIA for example). I think that trying to pick stocks to short is way too tough. I'd rather short the whole lot of them, and then buy like hell.

any thoughts?

geoff
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