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


To: starhawke who wrote (88070)1/7/2001 10:33:47 PM
From: mishedlo  Respond to of 132070
 
I am sure there are thousands of such companies.
I was asking about one in particular.
If you would have recommended other ideas instead of just lashing out at KO, I would have been quite happy.
Tech we agree on.
Almost all of it is over-valued.

However, tech has to be watched more closely and is more volatile than I like right now.
I have seen enough short squeezes to give me the jitters.
I did not know you had PUTs on KO or even if you do since you answer seems to me to humilate me more than to answer.

I have a boatload of PUTs in financials.
I am looking to diversify into other non-tech sectors and happened upon KO. No more no less. I suggested a PE of 15, which you laughed at so I said what about 30 or 40?
I am trying to seek information as to whether or not my idea is valid. The KO options seemed reasonably priced to me.

Also the DOW seems much closer to the top than the naz. If this thought is true and the end is near on about everything, I will be perfectly happy to double my money on KO or other such stocks. If I am correct about the top, maybe I will not make as much as some riskier tech plays, but I will not risk as much either.

I am looking for comfortable gains with minimal risk on any new PUT positions I add.

The KO chart seems to be to be a sort of double top formation. My information indicates there is some distribution going on in the stock.

If you have other stocks that better meet my criteria, please let me know. I would be more than happy to look into them. You jumped on my trade without understanding where I was coming from.

I was simply gathering information as to the validity of my idea.

I am not trying to preach to any choir. I am relatively new to the thread and have no clues at to what your positions are.

Seriously,
Can we just start this conversation over please?
Is KO a good or bad idea with the new information that you have learned about my reasons for asking?
Can you recommend other such ideas?
Please help, I am not trying to preach to the choir.

Thanks

M