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Strategies & Market Trends : The Stock Market Bubble

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To: Greg Jung who wrote (2033)	10/7/1998 10:28:00 PM
From: Neil_L	Read Replies (2) of 3339

Greg, I'm with you in PG...bought my puts a little early before the latest rally and I'm down...thinking of doubling up. Haven't looked at T. Made good money with DIS and HWP...still a little short on DIS looking for 20. Other blue chips I'm short are PFE, INTC, CCI and HSY. HSY has been very strong but when it breaks I think it could go quickly...thinner volume will help. What do you make of the PG rally...I'm thinking its a misdirected flight to quality and the belief that a weaker $ will make a big difference with earnings. Good luck, Neil.

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