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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: KeepItSimple who wrote (66580)10/5/1999 6:37:00 PM
From: bill meehan  Read Replies (1) of 86076
 
I'm not here...was holding OEX puts and ended it all. <g>

BTW, you forgot to mention Hurricane Floyd as a depressant Friday. Even the BLS doesn't adjust for hurricanes (although it's possible they've enhanced the data to account for acts of God also). Unemployment rate and hourly earnings are more important, and I wouldn't bet on your mastery of the BLS seasonal adjustments. I don't think they understand them themselves.

In any case, I agree that all news is good news, including new lows on the bond. Can't figure out why there are now Dow 36k LEAPS yet, they'd probably be actively traded. I just buy puts to keep taxes under control. <g>
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