Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: James F. Hopkins who wrote (16083)	4/11/1998 3:56:00 PM
From: ratan lal	Read Replies (1) of 94695

James To many variables at this time to call the market Sure appears to be. The market seems to be unable to make up its mind. It was headed down on Thursday and suddenly in the last 10 mins. it turned up. Was it the shorts buying back to stay out over the weekend ?? Was it the longs who decided market was gapping up Monday and didn't want to be left out ?? Any other reason, logic ?? The patterns are all mixed up, this market don't favor the bulls or bears right now..just the very astute hedger has the edge. Didnt even think of this category !! Thanks for your input. I am in for Monday to be down. I have OEX April 535 puts about a 1/4 point below my purchase price. If OEX doesnt go down in the morning I will probably get out with a loss unless I can come up with a hedge over the weekend. Any ideas ANYONE ?? ratan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next