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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Maxwell Fashola who wrote (15450)9/23/1998 4:09:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
Max..glad you used your own initiative there..I was even tempted to pick us some S&P puts but I didn't have time. I did pick up some MSPG puts.. Actually the put volume was 200 more than call volume. Perhaps MSPG is a better choice to short than YHOO, it's not that popular.



To: Maxwell Fashola who wrote (15450)9/23/1998 4:26:00 PM
From: Judy  Read Replies (1) | Respond to of 120523
 
Max and Jenna, my sense is that now is not a good time to short the internet sector. Tomorrow a new internet IPO (EBAY?) will air, cmgi will report, and the market will focus on the sector rather than stocks with real earnings worries for the next quarter or two.


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