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


To: Peter Goss who wrote (70743)11/19/1999 11:27:00 AM
From: Earlie  Respond to of 132070
 
Pete:

I'm no help to you on this one, except from a fundamental point of view, which is worthless in this environment. The whole darned sector is priced beyong insanity,.... but it could also go higher. When stocks divorce themselves from reality, there is no intelligent way of calling the top.

I do feel that if one is prepared to take significant risk and is also prepared to bail out if the timing isn't perfect, that a few puts make sense. Personally, I'm allowing patience to rule for now.

Best, Earlie