Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Barbara Barry who wrote (10822)	12/3/1997 8:51:00 PM
From: William H Huebl	Read Replies (1) of 94695

Barbara, Some of my comments to Jodi are based on Schaeffer's ideas... Like NEVER go against the trend as defined by the 200 day MA... as long as it is up, you open calls and close call positions... but NEVER go into puts. And my strategy, if you call it one, is to have some stocks for the call side (200 day ma up) and stocks for the downside (200 day ma down). AND IF (B I G IF) I can get my indicators in the right direction for the option in the direction I expect the general markets to take, then I am REALLY in tall clover. BWDIK? Regards, Bill PS I try to stick to the 3 day rule (mine) if you aren't making money in 3 days, get out. And the same is true for anything you are holding...

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