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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: Rick C. who wrote (2193)11/5/1997 12:56:00 PM
From: Crossy  Read Replies (1) | Respond to of 37387
 
Rick,
You know my "rule" on those panic-sells, let those things call down, research and prepare for a good place to enter. You got time on Your side. CYMI might be ripe during the next 2 weeks, premium should be hefty, so a bull spread without calls could be the best plays or with far out of the money calls:

CYMI:
BUY PUT 17.5
SELL PUT 25 or 22.5
BUY CALL 30 or 27.5

Oils are OK for me, especially oilfield service plays. Anyhow, nothing compares to tecs new-found strengths. Best sector right now: Semi cap eqips, networkers. Diskdrive sector stocks could need another month before finally taking off..

best wishes
CROSSY

BTW: I hope You closed Your SGI position already..



To: Rick C. who wrote (2193)11/5/1997 1:27:00 PM
From: Iris Shih  Read Replies (2) | Respond to of 37387
 
Hi Rick,

Found this interesting link on oil stocks. exchange2000.com

Iris