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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (16459)4/15/1998 8:23:00 AM
From: Barbara Barry  Read Replies (2) of 94695
 
Bill,
Weeks ago I thought 9300 would maybe be a good point to initiate puts for a pullback(given I had some time on my side).Well, I am feeling pretty stupid right now.I have cautioned about buying puts and have said this market is going higher...but did I buy calls....NO!!!!What in the world is wrong with me????!IF I did buy calls now,the market would tank for sure!We seem to be making similar calls on the market,so why weren't we both telling each other to buy some calls?
IMHO we were trying too hard to watch for that trigger to focus on what was right before our eyes.Let's not do THAT again!
Next time I get that opinionated, give me a push.OK?
Regards,
Barbara
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