Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (82021)	10/15/2008 12:38:07 PM
From: Real Man	Read Replies (2) of 94695

I doubt we drop a lot from here because of how expiring put/call open interest is placed, but if we do, then it could be a short term buying oppt. again, pending put meltdown into expiration. For now I don't like risk/reward for either rally or drop plays. The boyz just need to keep things flat through Friday. Actually, they DO need to get the Q-s above 33, but that's not enough powder to play the calls because of declining IV

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