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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (17930)4/14/1998 1:42:00 PM
From: Jerry Olson  Read Replies (2) | Respond to of 50167
 
Ike When your ready to short the Banks, keep your eyeballs on the internets too......:>}



To: IQBAL LATIF who wrote (17930)4/14/1998 7:55:00 PM
From: Al Serrao  Read Replies (1) | Respond to of 50167
 
Uncle, take a look at HON. Very extended right now. However, major changes underway for this company. It will benefit in coming years from the push coming from the government to the upgrade systems at US airports. This will be a major change to HON and would be an ideal long term hold when we get a pullback. Earnings coming tomorrow and may propell this stock even further short term. Regards.



To: IQBAL LATIF who wrote (17930)4/15/1998 1:53:00 AM
From: steve susko  Read Replies (1) | Respond to of 50167
 
Hi Ike,

Have you designed your play on the BKX? I think this index has run up too much. How does a September bear put spread look good to you? Long in the money BKX index option and short out of the money; leg it in for a no cost spread. Probably one or two mergers will happen before BKX consolidate and trend lower for a couple of months or so.


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