Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (17273)	4/25/1998 1:10:00 PM
From: Barbara Barry	Read Replies (2) of 94695

Jim, That "succers" rally is exactly what WE need!I hope none of our cyber pals get wounded with going short for too long.Bill may get his 9600 or maybe my conservative 9300...I did say 547 on the oex.Here's the bloody kicker,again...If time doesn't cooperate...same thing I pointed out to those who thought they could make a killing in expiry week.May,June July puts???Some people don't realize you can easily lose 10%/day just with the time errosion. One more plausible scenario that would hurt even more people...just what we need,another idea!<VBG>...Last week 100+ drop could be a little fake out,then a little rally going into May,then another little fake out to really get everyone crazy.This notion could really hurt the call and put folks who are not lucky and nimble.We could have this little game continue for another couple months.Now if interest rates or something else unexpected happens...all bets are off.One big sell off like Oct. probably won't terrify people since they will think the same bounce MUST happen....more for our side!;) Just trying to consider all the "options"! Regards, Barbara

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