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To: Thean who wrote (2442)9/2/1998 4:07:00 PM
From: Peter V  Read Replies (1) | Respond to of 14427
 
I figured that KRB was your play on bad credit card debt piling on in face of looming economic crisis. Anyone else have a favorite bank or credit company short/put play? FP might be a good one, a supposed takeover candidate without much hope for an actual offer from anyone. It hit 29 today, but closed at 26 1/8, down over a point from yesterday.
the evil tower closed at 25, down slightly. Not bad for a positive market day.



To: Thean who wrote (2442)9/2/1998 4:08:00 PM
From: Alias Shrugged  Read Replies (1) | Respond to of 14427
 
At 3:50, I bought 500 WMT and 800 HD shares. This hedges about 35% of my puts. I will do well if they drop (although not obscenely well) and can play the pop if we come back tomorrow. Both these stocks popped at the open then slowly faded.

Good Luck everybody

Mike


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