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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: MonsieurGonzo who wrote (51730)9/7/1998 7:12:00 PM
From: The Perfect Hedge  Read Replies (1) | Respond to of 58727
 
Steve-
have you looked at puts on AMZN?Big support at 80 but after that 50 is the next support...You've got to figure this one is going to tank...

B



To: MonsieurGonzo who wrote (51730)9/7/1998 7:15:00 PM
From: Nancy  Read Replies (1) | Respond to of 58727
 
Steve,

GE at 70 is reasonable buy, at 60 is a hand over fist buy. :)

what ADR's you are holding ? would you mind to share ?

I believe AG just jawboning again, this time to calm the market. If you read the full text carefully, AG still thinks the stock market prices too high because the earning growth is not there. He does worry about the "negative wealth effect" - consumer spending accounts for over 1/3 of our GDP here.


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