Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: RWS who wrote (14691)	3/5/1998 3:39:00 PM
From: Mike McFarland	Read Replies (1) of 94695

Holding my puts as well, hard for folks to buy on a Friday after a day like today. The tricky thing is figuring out what will happen on Monday...what sort of decisions do people make over the weekend. I don't think new money will be coming in over the next month, maybe some will come out to pay taxes etc. What will take this market down are nervous MF managers, and they simply like to churn, not raise cash. So what is the new hot sector? I'm betting it is not technology. Amazing that aol held up so well today, so what do I know! If we see a hot jobs report, maybe buying bonds and utilities on the dip would be a good idea.

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