Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (63151)	6/24/1999 11:11:00 AM
From: Freedom Fighter	Read Replies (1) \| Respond to of 132070

Joan, These are my circumstances and views. I believe the aggregate stock market is very overvalued and vulnerable. I can't find much to buy. But I own a large position in one stock that I've held for a long time and do not want to sell it. I have a handful of others that I think are reasonably priced too. I'm looking for a way to hedge those positions and/or maximize my return on cash that is accumulating from recent sales and new savings. I think the treasuries/zeroes idea is a good one because it may provide both to me in the event of significant market break. I'm less interested in income because I'm working and don't need it right now. Plus the zeroes will provide a better hedge assuming bonds rally in a market break. When to start buying is a very tough question for me. I really have no big insights. The more convinced I get that AG will tighten as much a necessary, the more comfortable I will become with bonds. I have little faith in him right now because of world circumstances and his tendency to ease at the first sigh of trouble. But if real rates start getting very attractive I will start easing in despite that. Lastly, like MB I think high quality is key right now. Wayne