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To: Sonki who wrote (15334)9/2/1998 11:06:00 AM
From: Dom B.  Respond to of 42787
 
Good Morning, Sonks dearest...dem are all good ones for
long-term...

Don't u wanna wait till u can see a clearer picture out of
jpn? Or after rimimbi/yuan is devalued?

i'm short cmb with puts right now, and had i reversed my
long position in trv, i'd be grinning my way to WFC local
branch on fri...

be careful hunny...//db



To: Sonki who wrote (15334)9/3/1998 1:45:00 PM
From: Judy  Read Replies (1) | Respond to of 42787
 
sonki, there is no rush to buy financials. They have a ways down still to go, Bob Pisani started whining today about the sector. Wait for earnings and forward guidance on the impact of foreign derivatives on the bottomline ... and when Pisani's whine is sooooooo bad that one hits the mute button, that is the time to look at going long.

MER, SCH, BEN ... how does one go about estimating their foreign derivative exposure??