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Politics : Ask Michael Burke
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To: Doug who wrote (31268)8/19/1998 5:31:00 PM
From: Knighty Tin  Read Replies (2) of 132070
 
Doug, Very few. The market, in general, is wayyyy overpriced. The only broad areas where I see attractive prices is in biotechs, emerging market closed end stock funds, and hard assets, especially metals. However, I only have 10% of my total portfolio in these long areas, as there is no guarantee that they will do well when the crash hits. I prefer to play long puts in the 90/10 sector of my portfolio and the double-digit payouts in the maximum income portion.

MB
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