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Strategies & Market Trends : Waiting for the big Kahuna

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To: ratan lal who wrote (15755)4/8/1998 12:35:00 PM
From: Barbara Barry  Read Replies (1) of 94695
 
Ratan,
I don't think this is IT yet.BWDIK???The one thing I know for sure,is that I have been wrong before.:)I have learned the hard way not to let a one or two day event to push me into going long or short.If this was late March I would buy some April puts,but arguing with a trend can hurt...especially when time is not on your side.I agree with Dave about people backing out of positions before a long holiday weekend,but I would hate to go short if everyone woke up Mon.with warm and fuzzy spring-fever feelings and drove the market up!
Regards,
Barbara
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