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To: yard_man who wrote (185976)8/6/2002 12:38:47 PM
From: BigMoney  Read Replies (1) | Respond to of 436258
 
i don't either. was merely commenting on that rather large put purchase last week. had a feeling something like this would happen. this asset reallocation being done in europe or whatever sounds like a load of BS. they're propping up the dollar to save their own economies.

i'm thinking of buying calls on IBM/MSFT/C and maybe PFE. if the jamp job continues, these would probably be the ones to jamp as they are near their lows for the year.

only shorting stocks near their 52 week highs. they are less likely to be defended to prop this mkt above 8k.