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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (52117)5/25/2000 5:17:00 PM
From: Road Walker  Respond to of 99985
 
George,

I am kind of neutral on techs here. But ultra bearish on financials.

Thats why I suggested a paired trade. If the market were to rally, I expect the techs would outperform the financials. On a decline, I suspect the same. Index options are an option, or picking the best and worst equities from each segment could produce better gains (long INTC short CMB?).

If you just short the financials, and you are wrong (rare but possable), you have downside risk. Just an idea that has worked for me in the past.

John



To: Crimson Ghost who wrote (52117)5/25/2000 5:36:00 PM
From: Les H  Respond to of 99985
 
The regional banks for the new holdrs were down over 2% today but yesterday were up 4-5%.

quote.yahoo.com

They're especially 'kind' to the stocks with exposure to investment banking, trust departments, etc. - STT, NTRS, BK.