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Strategies & Market Trends : Waiting for the big Kahuna
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To: yard_man who wrote (14186)2/20/1998 1:22:00 PM
From: Mike McFarland  Read Replies (2) of 94695
 
Thanks for the words of encouragement,
I've been ready to pounce on aol puts
for a long time...probably wait for a
week for some of the premium on the
March contracts to erode...of course
there will probably be a lot of folks
getting in to the puts and shorting it
just after the split--it may be wise
to wait for one more round of sqeezing,
or average in to a position.
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