Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (46955)	4/16/2000 8:16:00 AM
From: robnhood	Read Replies (1) of 94695

Nope---- I look at the charts and try to guess , but I also try to be fluid. As to my puts, I quite thought that they could go to 60 to 100 bucks, but also knew that they could go to zero in 5 days.. After I sold them on Friday, I saw that the market wasn't going to hold , so I rehooked some much cheaper puts and made almost a triple on them. 15 april 700's bot at 2 1/2, sold at 6 1/2... Then called it a day. There have been so many revivals in this market, that come out of the blue, that I guess I wasn't willing to gamble a good profit on this being the one time that it won't revive. I try to never lose sight of the fact that I am in this game to accumulate cash, not stocks. russell

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