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


To: the Druid who wrote (15205)3/26/1998 12:00:00 PM
From: Mike McFarland  Respond to of 18056
 
I have three Excite puts, but I cant say that my
options trades have done much for me. Better to be
long when the trend is up. But I'm getting ready to
pounce, I've always intended to do some more putting
in April, for a couple of reasons, not the least of
which is the chance for market's overseas, namely
Japan and SEA to take some hits. Now if we get the
DOW to 9 or 10,000 by April I'd probably have to go
totally bearish--my puts would go from a couple percent
of my holdings to maybe ten percent.

Anyway, seems that there are plenty of things to bet
against in Internet area, here is a link to get you started
fnews.yahoo.com
Yahoo looks the most overvalued, but I can't
bear to buy puts when it is my starting page!



To: the Druid who wrote (15205)3/26/1998 5:35:00 PM
From: Bonnie Bear  Read Replies (3) | Respond to of 18056
 
OK thread, I'm calling a top (gasp)
the big brokerages have a huge reversal, down several %.
And get this: Kaufman brothers put out a SELL on Dell!!!
Usually when a downgrade is this public, it's gonna get ugly.