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 (12126)	12/22/1997 4:28:00 PM
From: Jerry Olson	Read Replies (1) of 94695

Hi Bill Well in either case my friend, IMO, when the VIX spikes up say over 25, into the 35ish range this is a bullish indicator to me...What Bernie said is that it was an indicator for the OEX to perform a lot stronger than the trend normally...I watched it the last time and it proved out... So I bought the Jan OEX 455's into the downside on Fri, and will hold it without trading for at least 2 weeks...I'm tired of being whipsawed out of my positions... If i'm right, then as this unfolds the so called "Jan Effect", if there is one, should propell the OEX a lot higher... We shall see huh??? Thanks for the comments, i'll be VERY interested in your day to day insight as to direction... My Regards, Jer

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