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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (48395)6/21/1999 2:24:00 PM
From: BGR  Read Replies (1) | Respond to of 86076
 
MythMan,

The last dollar-yen intervention (with yen in the 150 range) was a wild success. If S. E. Asia is coming out of a crisis, then the SOX should do well. If not, multiple interest cuts are history. And the huge amount of sideline money cannot stay that way forever.

That said, I plan on buying short term puts in mid July (while remaining 95% long in a diversified portfolio).

-BGR.