SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: William H Huebl who wrote (12806)1/8/1998 8:28:00 PM
From: Barbara Barry  Read Replies (2) of 94695
 
Bill,
I am hiding!!!!Right after I re-entered calls I saw everything on the charts head South.Still indicates downward pressure...unless some Psych stuff make this market move up. I am embarassed to say I still have calls...but will close tommorrow. For the near term it looks bleak...but no BK.<IMHO> two ideas: 1...Market tests 7000 Fri or Mon..
2...Market rallies tomorrow and I only lose 30% ;(
I think my chance to buy puts will not occur for a week or two. Would I be crazy to think of trying calls again,even though I am bearish??
Since things are teetering at important support levels, I am not committing either way. My gut says lower,then a succer rally,maybe by Wed...then buy puts with at least one hand if not both.
BWDIK..I usually am right,but in the wrong week!!:)
Any thoughts?Am I the only one confused? You did perfect at calling the volatilitiy!
Regards,
Barbara
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext