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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Michael Rich who wrote (12168)	12/23/1997 1:24:00 AM
From: Judy	Read Replies (1) \| Respond to of 94695

Mikey, notice AOL was put on some focus stock list today, notice the close on heavy volume, notice the news announcement after the bell: biz.yahoo.com Now watch AOL break out to new highs. When one shorts a hyped up stock, one needs to understand the nature of the beast.

To: Michael Rich who wrote (12168)	12/23/1997 1:37:00 PM
From: Jerry Olson	Respond to of 94695

Hiya Michael For a long time I did very well trading Bernie's option selections, and loved his contrarian views as to direction of the "wrong way crowd"...HE'S BULLISH, right now...thinks the equity put/call ratio, and the current OEX option configurations are bullish... Currently an out-of-the-money OEX put is priced 150% greater than the corresponding calls...Healthy fear still exists out there... Problem Mikey is Asia...very troublesome for the techs..I would aviod the semis & semis equips right now...you could get blindsided from the big boys, AMAT-KLAC etc...Klic is already buried<g>... We are all waiting for the Jan effect, i hope it gets here, don't bet on it...it might be late<gg>... I still say the internet and Y2k socks make good sense here and now, along with homegrown domestics...safe Mikey safe and a good chance money will flow into these local stocks... I think there are better stocks to buy on the long side other than techs... Happy Holidays to you and yours, My Best to you, Jer