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Strategies & Market Trends : Roger's 1998 Short Picks

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To: space cadet who wrote (13772)9/15/1998 7:14:00 AM
From: craig crawford  Read Replies (1) of 18691
 
>> I don't see any of the top tier stocks falling very much, do you? <<

No one ever does right before a large decline.

>> And even if the worst case comes about, say you sold dell puts at 55 and it falls to 50, how many days do you think it would take to get back above 55? <<

It could take years if the stock market collapses.

>> Or do you see the top line stocks I mentioned going much lower? <<

I see a market environment where it is probably best to carry some shorts/puts at all times. Also, I'm not buying DELL the way I was a few months ago.
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