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 (7027)	10/23/1997 10:43:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 94695

Thanks Bill, Globex is an indication only many times it changes until 9:30 in the morning by a big shot. Last night was just one example. I am with you for a move up tommorrow, (more will I know after the open, hope it starts down) that's why I wrote out of the money puts today. I was thinking that I made a mistake but maybe I will be rewarded. The problem is that all the media is realy pushing people into buying stocks. CNBC "C. Schwab piece" was only one example. Slowly everyone will be so sure to buy the dips that all the savings will be in worthless stock paper and wen no buyer wil be left then wath?? Why wortless because you de facto own a piece of paper not a piece of company. It's like you have an influence on teh US Budget trough your vote (what a joke) <;0)). Now sudden SE Asia is of no importance wathsoever to the US economy, well BA is selling most of it's planes were?? Were was the bigest anticipated PC market?? Well discount them they are only about 2 billion people and mouths to feed and if excluding China it's nothing. (reminds me of the English attitude at the time they were still an Empire and arrogant) Oh yes China is a different story and just lets waith to see Japan, oh they are above all this mess anyway. We will all pay for it, as it will be a major debacle and they will need to bail out all those in deep ###^%^%^. It happened before the S&L debacle comes to mid. I never profited from it not by one dime but for sure paid for it with my taxes. As to the market more churning in this toping formation. Happy Trading Haim

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