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Strategies & Market Trends : Waiting for the big Kahuna

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To: pater tenebrarum who wrote (44094)10/19/1999 5:57:00 PM
From: wanmore  Read Replies (1) of 94695
 
I was feeling slightly bullish....not bullish really, but not expecting any real sell-off.......until now. This day was ugly IMO. S&P was up 26 points but closed up 7 ??? NASDAQ closes down 1 after being up 40 ???? Grandpa DOW closes up 89 after being up 230 ??? I still don't actually see a BK but something doesn't "feel" right. I bought puts on EBAY today while it hit 135 and puts on the QQQ when it hit 120. I could be wrong but, to me, this was NOT a good day. The only thing I am confused about is the futures are WAAAAAAYYYYY up for such an ugly situation
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