Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (17175)	4/24/1998 1:52:00 PM
From: James F. Hopkins	Read Replies (2) of 94695

Bill; The trigger was squeezed yesterday...they want to do a slow burn not a melt down..the S&P100 is still falling at a faster rate than the 500..already in the two days we'r down over 20pts on the 500... No sence in shorting if your going to let half the downside get away from you..right now she is fighting hard at the 1110 support..can't tell if she will break it..but if she does the cost of puts will skew much higher... BEARX is safer now, as they already have their shorts picked, and bought. Jim

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