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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (14252)2/23/1998 1:32:00 PM
From: Barbara Barry  Read Replies (1) of 94695
 
Bill,
About those puts...YOU know how much I want to buy them too!!But I don't think quite yet.The trend is still the bulls' friend for the moment.BWDIK
I just had a meeting with a prominent investor banker this morning.He thinks the little guys playing the market and messing with their IRA"S are going to get slaughtered.Only a real bear market is going to shake up their notions that markets go higher.Those of us older and wiser,who have been stung,know how serious things can get for some of these individual investors.Many do not realize the "take no prisoners" wrath if a market gets ugly.The gentleman I met with also conceded that many pros are still forced to keep entering the market even though they too are concerned.The sidelines is not an option for many of those people with a market rising like it has been.
Regards,
Barbara
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