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 (11399)	12/12/1997 11:01:00 AM
From: William H Huebl	Read Replies (1) of 94695

Just make sure you let us know everything that is on your mind BB, <gggggg> Calls Monday, but I am on leave today from my day job so I am trying to get calls for what I think they will be worth the open Monday... I don't mind carrying almost worthless calls over the weekend... especially when it is less than a $100 "investment!" Remember I don't go after an option if it doesn't have AT LEAST a 1:16 risk:reward payoff. All the other questions are either FA or history... I just go with my indicators... that way I am not carrying around a lot of excess baggage! Also, I check the 1 minute charts up to hourly on VIX as well as NAZ and other indices... equities are delayed 15 min anyway... so why bother! I have enough time to cancel an order if I see something reflected in the indices that I don't like! Forget all the BS and focus on the market and what it is trying to tell you... I see it trying to put in a bottom... but struggling with it! I think (but not to the extent it influences my behavior) that DOW will retest 7,800 today. I guess that covers it... fire away with more if you have any other questions you need answering. That is what I am unpaid for! <gggg - again> Bill

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