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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (67345)11/14/2003 12:28:30 PM
From: Real Man  Read Replies (1) of 94695
 
I think the dealers are killing time before November expiry. They won
again. Now, a lot of puts are still outstanding. Also, too many November
calls are in the money. Which means, next week we should start the
tanking, and if it goes below certain level, further tanking due to put
hedging is assured. BWDIK?

Maybe, it just won't tank! -g-
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