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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (16724)4/17/1998 11:41:00 AM
From: Barbara Barry  Read Replies (2) of 94695
 
Bill,
Yes, please!
BTW you are saying soon,but last week you thought maybe June or later.What has changed your mind.My concern about May puts,was that this market is moving on it's own momentum and until yesterday or so it was not as extended as last year's run.Now I am getting a lot more serious about the may 530 oex puts...should get cheaper Mon.I wish all those "pros" on cnbc would stop saying we will get a 2-5% correction soon...that will surely jinx me!;)But I'll take it...then wondering if we set up for another rally and something like a July '96????
BWDIK
Regards,
Barbara
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