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Non-Tech : Mama Bear goes long! -- Ignore unavailable to you. Want to Upgrade?


To: scope who wrote (81)8/17/1998 3:55:00 AM
From: Mama Bear  Respond to of 131
 
scope, I can't, it looks like it's headed south to me. I've been selling my SPYders in my retirement fund.

I sure wouldn't be buying index calls. But in every market environment, I think that you can find good longs and good shorts. I've proven, to myself at least, that you can make a fortune shorting into the bull. Why shouldn't you be able to make a fortune going long into the bear? Did every single publicly traded stock fall in the 1929 crash?

However, I am ready to make small purchases of PEO and RVT (thanks Bonnie Bear). I'd like to pay 33 for PEO and 14 for RVT, although I'll be willing to go a little higher. I regret not jumping on GMSTF when it was in the low 30s, however, am happy I held off on TDF. I think I will start buying TDF if it gets near 5.

Barb