The Naked Truth - Big Kahuna a Myth Message Board

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To: MythMan who wrote (65403)	9/30/1999 1:33:00 PM
From: pater tenebrarum	Read Replies (2) of 86076

to all: in the interest of continuing to share my positioning with the thread, let it be known that i a) bought steel stocks today (which will probably try my patience over coming months<g>) and b)bought a few more puts on the OEX, due to the market continuing to act very poorly in the face of what SHOULD be a bullish backdrop (falling bond yields, $29 bn in liquidity being available due to interest payments and maturities). just now i put in an order for a few DJX puts as well. please do not imitate me, as Cramer says steel is dead and the bulls say we go much higher because we have put in a 'major' and 'important' low on friday. edit: sold my AMZN puts earlier for an acceptable profit...bears have to take what they can get these days. probably we will now melt up and steel stocks will go to zero.

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