Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: bearshark who wrote (18210)	5/8/1998 3:17:00 PM
From: Haim R. Branisteanu	Read Replies (2) of 94695

At a time bearshark, and/or boni bear and/or bobby beara go bullish even for several days I rush downstairs and buy some tulips. <ggg> Today, after such a great call,and such easy money, I insisted on TULIPS with the BULBS <gggg> The market acts quite strange, dollar is weakening and the Treasury Bond is stuck with down bias for no obvious reason. (down 11 ticks) Just by keeping in mind that over $100 billion will be deducted from the treasury pool this quarter (budget surplus) makes me wonder if those factors are not already priced into the markets. Not to mention the normal inflow. If the market closes below yesterday open - well smell the tulips.<ggg> Closed long positions before noon today,all in cash. As to index option an observation - OEXEH high was 4 1/8 and now 2 3/4 OEXEG high was 7 1/8 and now 5 Premium evaporating by the minute BWDIK Haim

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