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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (10032)11/19/1997 6:48:00 PM
From: Haim R. Branisteanu  Read Replies (3) of 94695
 
Bill, not yet, there is still resistance around SPX 950, we almost got there today and it failed to penetrate.

Was able to close some puts I wrote at a 40% profit whit the stocks closing 1 Point blow yesterday open.

Tommorow or Friday may be a wild/interesting day. It seems to me that all the put writer made tons of $$$$.

Happy trading
Haim

BTW it is intereting that no one on this tread speaks about the mess and slowdown in Eastern Europe and the influence on all Europe. I anticipate that the internationals will disapoint on earnings. The BEAR is hier to stay.
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