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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (41824)7/16/1999 11:04:00 PM
From: Haim R. Branisteanu  Read Replies (1) of 94695
 
Bill that is why I am selling calls and puts. The puts expired worthless covering some of the calls gains, rolled over to next month covering all the calls gain and remaining with some spear change.

Would not advise to hold to much to open calls on rocket ships <GG>

BTW July seems to signal tops not August. In the old days of Prodigy before the Gulf War I also predicted that the market will peak after option expiration. Will see if it will happen this year. People remembered it for several years.

The price of oil China, and the sentiment may indicate a top next week.

BWDIK
Haim
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