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


To: Dan who wrote (89443)2/12/2001 5:09:46 PM
From: Knighty Tin  Respond to of 132070
 
Dan, I'm not really sure we are in a bear market yet, but when we are, I see the Dow cut in half. Of course, I remember when it had a pe ratio of 6, so I may be excessive. I have no idea on time frame. My discipline is just to buy them when they're cheap and buy puts or do bearish spreads when they are pricey. I have found a few more things to buy and do bull spreads on this year, but it is still much easier to find a put or bear spread candidate.