Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (3670)	8/5/1997 12:22:00 AM
From: Richard J. Byrd	of 94695

Bob & All: I've been watching AAPL. This is the perfect straddle! When a company like this does a dramatic shot up in 5 days, you can be sure of one thing - It won't stay at the current price. Either this is a flash-in-the-pan and it will sink back down to 14-15 or this is the start of a real recovery and it is on its way back to 40. The options are cheap enuf that you can straddle it and make a profit if the stock goes 4 points up or down. If you leg out carefully you can profit on both sides of the trade. Dick

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