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

To: space cadet who wrote (13039)8/21/1998 5:20:00 PM
From: Joey Two-Cents  Read Replies (1) | Respond to of 18691
 
Yesterday I bought some Oct 575 puts on the Amex computer index QXWYIVO for $ 18, closed at 21 1/2. I figured it was up from the low 400's in April and if the market collapses it should do very well.

For an overpriced stock, I like EK its run up $ 30 in the last 6 months. Also DELL and AMZN of course. The EK puts are cheap by comparison to DELL and AMZN.


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