Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Barbara Barry who wrote (16763)	4/17/1998 4:34:00 PM
From: Haim R. Branisteanu	Read Replies (2) of 94695

Barbara, it was not easy, nobody gives money away. In some trades I covered or sold to early, as in some instances I buy the stock and sell the call or vice versa - short the stock and sell the put. On expiration week coupled with earnings report it is even more difficult to hedge properly, I bet Bonnie Bear is right about brokerage houses they collected close to $600 in commission only from my trades this week and I pay around $20 to $30 per lot (1000 shares) New High in the OEX I think, so may be Arik is right well I need some rest for the weekend after this week. Wanted to go short into the weekend but decided to cover with a small profit as the market showed such strength. My guts tell me a down morning Monday Volatility is typical of Market top. Same will be at market bottoms BWDIK Haim

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