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To: re3 who wrote (12221)8/19/2000 11:59:12 AM
From: Tommaso  Read Replies (2) | Respond to of 436258
 
I don't know, but I want to buy puts on the US Dollar.



To: re3 who wrote (12221)8/20/2000 12:02:38 AM
From: Perspective  Read Replies (1) | Respond to of 436258
 
I don't think I'm quite ready to short it yet, but it looks like CSCO is getting close to having a little accident. Perhaps everybody is through tripping over each other to try to get an ever-decreasing slice of the operation, and at 150X earnings, it could be a problem.

I'm waiting to see a decisive failure of the 200DSMA - I would short the first rally off a break that lasted 5+ days.

I can't understand how the fund managers can pay 125X earnings for EMC either, but evidently they aren't done fighting over the shares. Ah, it's just other people's money...

BC