The OEX... gasp! Message Board

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Strategies & Market Trends : The OEX... gasp!

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To: Stuart Briscoe who wrote (170)	12/10/1996 7:59:00 PM
From: Jerry Rosenberg	of 658

Stuart; Today Black&Decker and Komag "preannounced" poor earnings. The first of many more to come. While I may sound like a pessimist, I am not one. I feel that the market has been "oversold" to the unsuspecting general public. We both know that the "Street" earns money first by selling securities to the public, and again some time later by re-purchasing the same securities at prices below market value. It is a safe bet that it the next few weeks the earnings "BUBBLE" or hype will burst. Your puts are safe! I am looking hard at OEXME jan 725P as my next purchase. jerry

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