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 (58831)	7/19/2002 9:05:29 PM
From: GROUND ZERO™	Read Replies (2) of 94695

Well, I'd have to say, yes I am... I began this short position at SP 1050 and covered twice at 1000 playing the long side, then shorting once again at 1037 and more at 997.80 for a boat load of contracts.....<g> I decided to stay short for the duration since a big slide was becoming more evident... I guess this proves that old saying that even a blind raccoon can get lucky and find an acorn every once in a while..... but, truthfully, I had a 200 point trade on the long side of the SP's from 950 to 1150 about 4 years ago..... I realize millions of stockholders are getting hurt, but what I can never understand is why they choose to hold on to a losing position, they always have a choice to sell at any time, and these markets are not designed to be friendly to anyone..... GZ

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