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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (849)11/21/2000 5:17:31 PM
From: Tommaso  Respond to of 74559
 
And actually I am very heavily LONG low P/E energy stocks. I am even holding calls on OXY (mainly because I could buy some that reached into 2003). And I am long the Israeli security company MAGS. We will see if any of these things work out.

But I have huge diversified short positions (XLK, BEARX).

Just can't see that negative earnings or P/Es on the order of 50 or a hundred or more are likely to increase in value.


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