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


To: The Perfect Hedge who wrote (35807)11/11/1998 11:35:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
B, I still think the Dec 1999 4500 number looks good, though, the higher this market goes, the more I am tempted to think it will go even lower in the reaction.

I don't really think much of Leap options at $20 on MU. There is too much to made buying nearer term with higher strike prices. I wouldn't want to leave $26 of downside on the table.

I would welcome Dow 10,000 by December, but I doubt it will happen. The Xmas lies start to fade about Pearl Harbor Day. Folks start going to the malls and noticing there isn't the type of traffic they expected.

I'm not buying puts right now, not even on doggy Xilinx.

MB