Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: yard_man who wrote (16294)	4/14/1998 10:47:00 AM
From: MJR	Read Replies (1) of 94695

I've been lurking on this thread w/ great interest fir several days now and am in 100% PUTS at this time (both index and equity).. about the only explanation I can give that we haven't really started our way down is that this market has a recent history of consistantly defying all rules of gravity.. so much cash is pumping into the mutuals and the fund managers are putting it to work immediately, almost artificially keeping the markets up! This should end though.. at least I hope so. A strong INTC report would really delay, and possibly wipe out a "correction" for a while however. Just my thoughts, Mike

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