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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (4637)8/28/1998 1:04:00 PM
From: yard_man  Read Replies (1) | Respond to of 86076
 
Rallies off the dips are very narrow. If you are in the right issues you can make some money on the bounce, but you've got to be in the right handful. Now the handful has been hit a little bit -- not bad, but hit. I wouldn't even play the banks now. Too easy to wake up and be another 10 - 15% down -- even after your 30%. Same is true of the airlines.



To: MythMan who wrote (4637)8/28/1998 1:17:00 PM
From: Thomas M.  Read Replies (1) | Respond to of 86076
 
Maybe 30% of their biz is Russia/Latin America, 200% is in Asia, 500% in America. It's called leverage, via derivatives. <g> BTW, MB's calling for 35 on CCI. Ouch.

Tom


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