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Strategies & Market Trends : Waiting for the big Kahuna

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To: Ibexx who wrote (6629)10/19/1997 11:27:00 AM
From: William H Huebl   of 94695
 
Hi again Ibexx,

You stayed up late night last night I see. (Basically i am nosy... but I also wanted to know if you were on the Web this morning). Well this geez was up early as usual.)

I motice the OEX Master Blaster is calling for a crash... has like 100 OEX puts. Ready to make his fortune... I guess you could call it his version of the million man munch... or something like that.

I am out of everything in my $100 account... but, out of interest, I went over every EXPERT I have in my system to try to compare '87 with today and mostly it doesn't. I printed off the OMB charts he has on his home page and found out that he is NOT using semi-log charts... which kind of distorts things although he claims to have "normalized" things by using percentages. For example, the move back up toward the 1997 peak looks deceptively low on his charts where my plots show otherwise.

What do you think?

Bill
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