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Strategies & Market Trends : Waiting for the big Kahuna

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To: kas1 who wrote (875)6/12/1997 10:06:00 PM
From: William H Huebl   of 94695
 
Hi Konrad,

I have 3 cats... one was hand raised and is so socialized he thinks he is a people. Another was born under our bed... boy was THAT a surprise. He is almost as social. The vet told us the reason cats are so stand-offish normally is that people mistakenly believe you should NOT touch them for several weeks after they are born... which is exactly why they don't bond with people.

'Nuff on cats...

My charts definitely show an across-the-board sell-off coming. No equivocation. No maybes. You can do what you want to, but I am in puts and I am going to expand my put position. I may have to go to the July puts on the OEX as it is a toss whether the market will be totally creamed BEFORE or AFTER expiration... better to play it safe??? Or both ways?

What do YOU think?

Regards,

Bill
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