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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (14974)1/22/1999 8:45:00 PM
From: J. P.  Read Replies (1) | Respond to of 74651
 
<<Looking to do some Shorting or buying of Puts.>>

Take a look at the Nasdaq chart, and some of the indicators with it:

decisionpoint.com

I'm thinking Nasdaq is going to get a 20% haircut. This is no big deal because it happens every year. You'll probably be able to throw a dart at the Nasdaq for a good short. But I'm focusing on second tier companies with no earnings, and huge runups with overextended chart patterns. Also, if Latin America is the excuse de jeur on blowing up the market, I'm looking at big bank stocks with lots of Latin American exposure. Want to make lots of money on the short side to pay for lots of Microsoft options coming back up into the split!

Just my opinions, please you know the drill about doing your own research.