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Strategies & Market Trends : Waiting for the big Kahuna

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To: kas1 who wrote (1354)6/24/1997 9:01:00 PM
From: William H Huebl   of 94695
 
Hi Andrew,

Somewhere lurking in my education is the remembrance that you need 16 of anything to get some statistical significance... but in terms of crashes, we ain't got squat!

ALL I have is a Fib number, some indicators that are quickly breaking down and the long realization that this can't go on forever... just like the Japanese markets.

I am poised to plunk down a chunk of change for put options... my favorite candidate switched from DELL to CPQ today. DELL isn't even beeping yet and CPQ is BEEPING.

Will we have a crash? Nobody I know is calling for one.

I still haven't gotten THE beep yet... and there is no guarantee I will get one before a major sell-off or crash. I just expect a beep... I don't need to lose any more money needlessly.

Regards,

Bill

PS I am still in BAY puts and have gotten a minor beep from that (gad... wish I had the indicators I have now before I invested in BAY... I certainly would have waited)
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