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

To: Joey Two-Cents who wrote (13496)	9/5/1998 11:05:00 PM
From: Yamakita	Respond to of 18691

"How long do you think the US $ will be the currency of choice, especially if AG starts lowering rates and the Euro is introduced 1/99?" For the foreseeable future, for sure. For better or for worse, the dollar is the international currency of settlement. There is no other, nor is there likely to be. Within Europe, the Euro will have obvious advantages as the currency of settlement. But nowhere else.

To: Joey Two-Cents who wrote (13496)	9/8/1998 2:17:00 AM
From: space cadet	Read Replies (2) \| Respond to of 18691

Joey, that was a truly great call on buying puts on the bank stocks near their heights. One of the best calls of the last several months I believe. Unfortunately I didn't act and now they have fallen alot. I probably would take a sizable amount of profit in them right now if I were you. Also, I was wondering if you like some gold or silver company as a proxy for the price of gold, and would recommend buying leaps on that company. Given that I missed the easy money you made when CCI etc were absurdly high do you see any good investments now, or is it too late for puts for a while till the next height?