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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Lucretius who wrote (66356)10/5/1999 2:38:00 AM
From: Dwight E. Karlsen  Read Replies (1) of 86076
 
I'm real all right, Luc.

ain't it maddening?

UFB to me, too. I mean, I'm long the airlines as of last Wed, and today DAL goes up 6.4%. I'm also long SPX via 2 Oct. calls and 1 Nov call, and SPX goes up almost 22 pts. I'm also long the DJIA via 4 Oct DJX calls.

And I held all this stuff since Wed, and didn't even think about the market all weekend, just went out and had fun. Even finally went and seen Episode 1 - The Phantom Menace, for the first time.

And no, I don't think I have my head in the sand. I mean, the only way I touch the nutz is short. As for the current stuff I'm long, it's all just way oversold. Granted, I'm taking a risk being long in front of the FOMC meeting, but then, if you want to make money, you've got to get in front of the herd.
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