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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (32638)	10/28/1998 7:34:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 94695

Judy, I do not trust the stock market for one bit!! and that for a while now. I hold only stocks who are very low P/E e.g ROS from Russia, the others I trade. Know to much about stock manipulation. More often, I am writing puts - which is going long or writing calls which is going short. Same for stocks. I rarely short gold stocks I do not know the reason, but write calls on them occasionally mostly for hedges. As specific to LU I was long a few days ago,closed yeaterday, and also wrote some puts and now I am mixed "butterfly" short calls and puts on LU. As to your specific inferred question, I will feel much more comfortable to be long NT or ERICY or ALA than "helium" powered LU. LU will earn about the same as NT so it is easy to chose. As I believe this is a bear market rally I will not hold long NT even that I was thinking of hedge long NT and short LU. As to why, I think I answered you in the NT tread. BWDIK Haim