Embrace the Uncertainty With Tech Options
This article was originally published May 9 on RealMoney.com
OK, what now?
The market delivered a one-day move in the Nasdaq Wednesday that felt more like a flashback to 1999 than the reality of 2002. That leaves investors wondering if the rally indicates real strength or simply a one-day respite from pain and uncertainty.
It's a worthwhile debate with no answer -- simply because no one knows what's going to happen to the market, especially to beaten-down tech stocks. One strategist report Monday saw this rally coming based on negative tech coverage in this week's issue of Barron's. While that may be a little too technical for most of us -- I actually prefer emotionally wrenching past-life regressions to most market prognostication -- there's a prudent alternative to finding the right answer. ...
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