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


To: Robert who wrote (49489)3/2/1999 5:34:00 PM
From: MythMan  Respond to of 132070
 
>>another nail in the big-cap tech coffin.<<

they're fast approaching baby cap, not even in the same league as your average internet trash market cap -g-



To: Robert who wrote (49489)3/2/1999 6:13:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Robert, The techs are barely starting to roll over. The amount of their overpricing is stupendous. Every analyst around is making excuses for the poor sales of PCs. Just wait, the communications cos. are next.

However, I think it is time to broaden out the reach of puts. I have been playing financials for a while and just started with the drugs again. I know, back to cleaning toilets at Betty Ford. <g> After taking some decent profits in Home Depot puts a few weeks ago, I am starting to look at retailers again.

So, my plan is to slowly move to a position where about 40% of my puts are in techs and the rest in these three areas. I am also watching the airlines, but they are still too far away from where I like to buy puts. And I continue to think puts on The Mexico Fund will be big winners.

MB