Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: ratan lal who wrote (15890)	4/9/1998 1:24:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 94695

For those itching to go into puts, buy them 20 to 30 minutes before close. Statisticly every long weekend prompts position closing which is usually against the trend of previous days. This time with the high bearishness there is a big short squize in the works. Would suggest to any one to buy April spreads or May puts, premium is eroding quickly. BTW I feel much more comfortable to short this reflex rally. What may negate a real BK now are fundamentals and the high bearishness. Would suggst to short stocks and not Indexes. Hi tech stocks are realy weak and a price war is running amoung the semi and hardware makers. BWDIK Haim

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