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 (16701)	4/17/1998 9:51:00 AM
From: Marq Spencer	Read Replies (1) of 94695

Ratan, >RWS did not say anything about SPX getting below 1109 to get in. I got the impression that once it crossed 1115 its time to get the puts.> The first part of my statement was agreeing with RWS (SPX bounce to 1115). The second part was my opinion - I'm more conservative, and I believe that waiting until the SPX falls below 1109 before buying puts is less risky. I wasn't trying to imply that RWS said that as well - sorry if I misled you.

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