Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: The Perfect Hedge who wrote (33045)	9/29/1998 2:22:00 AM
From: James C. Mc Gowan	Respond to of 132070

Mike- oh esteemed put-meister- Re: derivatives/hedge funds debacle. To echo Beeble- what, in your judgement, would be the best way to play this evolving sell off of hedge fund assets? Noticed today that many of the US brokerage stocks sold off, again! Now many at 52-week lows, and no bottom in sight. I am hesitant to put these brokers, as they are already so low, but there is talk of further problems with 8 large US banks. Also, maybe putskis on some large Eurobanks that haven't been cut as much as our most prudent bankers? Trying to fight the entire market, e.g. with OEX/SPX puts, is too much heavy lifting lately. All I want is some individual stocks that MUST GO DOWN, even if Easy Al does his level best to prop the market up. Have MU puts(thank you), lost on near term AMZN(unless something really bad happens to internuts, soon);way ahead on MER puts now. I know you love to put the semis/techs, but maybe there is a whole new sector waiting to be pruned. Thanks for the thread. vocex