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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Pancho Villa who wrote (4103)3/5/1998 8:24:00 AM
From: Pancho Villa  Read Replies (2) | Respond to of 18691
 
Weakness limited to techs, Ford looking strong at the opne? IMO you need to be crazy to be buying Auto stocks at the current prices and this late in the business cycle. IMO INTC's business is as good an economic indicator as you can get weakness should show up acroos the board. if it does not happen today it eventually will. Watch the Dow too.

Pancho



To: Pancho Villa who wrote (4103)3/9/1998 11:10:00 AM
From: Ploni  Read Replies (3) | Respond to of 18691
 
Subject: KO

Buying puts in Coke last year (at 71) was my first option play ever, and you can imagine that I was pleased with the results.

Coke has now set a new high, at 72. WMT is also at a high. (I had also bought puts in WMT, that didn't do as well).

Coke seems vulnerable: everyone likes the product, but they play funny tricks with selling bottlers every year, propping up earnings.

I may buy some more puts.