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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: Thean who wrote (538)6/1/1998 10:26:00 PM
From: Lucretius  Read Replies (3) | Respond to of 14427
 
Gold sucks --LOL! that's funny, and yes my gold stocks are sucking. This mkt will have to tank before people return to Au I'm afraid, but I can wait. Yea, goldi sucks did say that the brokers in his office seem unconcerned... jut another day at the office. They're in for a shock.



To: Thean who wrote (538)6/1/1998 10:46:00 PM
From: waverider  Respond to of 14427
 
Thean which puts do you feel are the best bet on MU?

INTC broke $70 today in a big way. Lookie at the IQ chart. Looks like surfin' the down wave quite nicely.

On another perspective, you guys might want to look at YHOO and AMZN. Those could fold very quickly.

We hit the sub 1750 mark today on the NASDAQ (wasn't that a floor someone mentioned?)...so it appears that if we don't get a pop...OUCH!

One last note. Check out WWW. They make Hush Puppies. Great company, but in a downtrend. Sub $20 could be a good long.

<H>
ex oil permabull



To: Thean who wrote (538)6/2/1998 12:27:00 AM
From: Skeeter Bug  Respond to of 14427
 
>>MU - MU is near its 52 wk low and if it breaks below $22 without news then it
means this collapse is driven in part by the shorts and in part by the folding hands.
We know this can absolutely happen - just see how the momentum shorts do it to
the drillers. But there is a time premium to all these as the shorts need to cover at
some point. Therefore, a put option is a better way to play MU from this point on
as the worst case is to lose the put should MU rebound. Don't see that happen
anytime soon though. <<

the news of the disaster is out. nobody told you. or anybody else without "connections." 16 straight down days is no accident ;-)