Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: bearshark who wrote (7639)	10/27/1997 9:24:00 AM
From: bearshark	Read Replies (1) of 94695

I took a simple average of the declines on the European markets and came up with a number of down 3.6%. If we have a DJI decline like that it would be about down 277. Maybe we will have a chance to see trading halts today. When I read the CBOE rules all I could think of was--it won't be nice. Unless something really bad happens during the day besides the opening, I have the feeling that the selling will be absorbed without too much of a problem by the end of the day. Just cannot figure out why I feel this way though. Well, its time to watch the opening.

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