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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (13859)2/5/1998 12:00:00 PM
From: HH  Respond to of 18056
 
Well , silly me. I bought some Apr 60 CISCO puts. @ 2 , Does anyone
have an opiinion if that is reasonable play or am I walking
in the monster's jaws.

HH



To: Zeev Hed who wrote (13859)2/5/1998 12:52:00 PM
From: Bonnie Bear  Respond to of 18056
 
there's a runup every month from the 27th to the 5th, stopping at noon on the fifth, I suspect it is contrived by the mutual fund houses to sell overpriced stocks into retirement money that shows up at this time, and sell into strength. Go back six months, it is always there.
Now we should see fear spreading about reduced profits in the boxmaker sector...get those puts ready -ggg-
Microcaps are under accumulation, tho.
Dean Witter Morgan Stanley are predicting interest rate INcrease by late summer...hmmm...



To: Zeev Hed who wrote (13859)2/5/1998 2:11:00 PM
From: MythMan  Read Replies (2) | Respond to of 18056
 
>>I think it is time to look for better turnips<<

Zeev, switch to beets <g>

Pete