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 (13397)1/21/1998 8:33:00 PM
From: Barbara Barry  Read Replies (1) of 94695
 
Bill,
Sorry about the calls, but another rally is around the corner...IMHO.
Look at a 2 day...not so much damage. I agree that 5 days would be the worst case but I think the downside is much shorter. I think Feb will allow a rally barring any terrible "new" news. Keep an eye on that VIX.If we go much lower I will buy some calls...the puts for april or march should get very interesting as by then more companies will have a better idea of the impact.We will have to see then what DSO's and recievables look like etc.I lost a lot of money once when an Asian company decided to make their payment terms over 12 months and it nearly busted the company that I held! I am bearish until we get more insight into 1Q and 2Q earnings outlook,but that doesn't mean we can't pick up calls for a day or two over the next two weeks.You predicted this volatility from the get-go...so now be nimble and trust your good calls.The key(I think!) is to think very short term and take little profits.
By the way, I still use the trin chart with the vix for short term...and the A/D tells a little longer story.As Don has said we are in a range so lets take advantage of it.NOW, March may be a diffferent story??Neither one of us does long range"stuff" but if I were to get bold...I would say the spring correction would help set us up for new highs later in the year...YUCK!That sounds like some analyst's mumbo-jumbo..sorry....I forgot myself for the moment!<VBG>
Regards,
Barbara
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext