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Strategies & Market Trends : Waiting for the big Kahuna

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To: Gary105 who wrote (43980)10/14/1999 6:37:00 PM
From: William H Huebl  Read Replies (2) of 94695
 
Gary,

Sorry, with today's action, it would take an interest rate increase by AG to go back into sell mode.

The BK might be UP though... our forecasting here on this thread IS a 2 way street, you know.

Mebbe I WILL make some money on my calls tomorrow. Only 200 points to go and I am in the $$$. DOW does that interday frequently!

One of the hardest things for me to do is to keep my ego out of my forecasts! It is human nature, ESPECIALLY once you have a position established, not to remain totally neutral.

How am I invested? All my retirement funds are in money markets and then I have 10 DJX calls I bought right around this level for 3/16th.

What am I planning next? Keep feeding those money markets until we get down to the low 8,000s or less. And keep using "PIN" money for cheap options.

Bill
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