Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (18489)	5/14/1998 6:09:00 PM
From: William H Huebl	Read Replies (2) of 94695

Haim, The bad news is I could have gotten it for 3/16ths and ridden it to 3/4. The good news is, I cancelled the order since it didn't look like Mr Market would get to new highs, and I am sure I would have picked up the order at 1/8th on the close... just when I WOULDN'T have wanted it. LESSON TO ALL OPTIONS TRADERS... (a lesson I learned the hard way) if a trade gets away from you, cancel your orders... otherwise you may be the proud owner of worthless options when they expire! Bill

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