Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (43610)	9/25/1999 11:24:00 AM
From: William H Huebl	Read Replies (3) of 94695

Haim, Rally Miss Sally it is! Too much negativity for me to believe we are gonna have the big one now. What with end of quarter squaring of positions, mutual fund month-end buyers and (shudder) BTDers coming back in... I can believe we will have a very good rally here... possibly 1,000 points or more... What tells me it would be a good time to be tip-toeing for the exits is that the open interest of equity calls ratio to open interest index puts has climbed even higher and stands at 26-1! IT HAS NEVER BEEN THAT HIGH to my knowledge. No, I'll take that back... run screaming for the exits and NOW!!! (IMHO) BWDIK? Bill

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