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 (9834)	11/16/1997 3:44:00 PM
From: Barbara Barry	Read Replies (1) of 94695

Bill, Welcome back! I am glad you and yours had good vacation. Could you please elaborate as to the "whys" the market may have downward pressure Mon./Tues. ! Personally, I REALLY hope your right as I am the foolish owner of oex puts going into expiry week. Don't scold me as I know better to either exit or roll into the next month.It is a dumb "bet", at best.Like you, I will buy puts or calls depending. Friday's move up really surprised me....ADV/decline has been weak; new lows vs. new highs are not bullish; global uncertainty; much technical damage;few stocks showed a great recovery; etc.....Time to rethink??? NO, I do better when I think less. :) Thanks in advance, Barbara

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