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 (19303)	5/28/1998 7:41:00 AM
From: joe smith	Read Replies (3) of 94695

james, that rally was far too narrow to make even the most bullish bull happy. market is still very weak. a handful of large cappers gooes up and the indxes do a major reversal. i didn't want to risk holding dell overnight again so i sold. i may pop up a couple bucks. that will give me a higher point to short from. just not worth holding and having it gap down and have to go thru another day like yesterday. i couldn't resist shorting amzn again though. have never bought or sold an index option before. have done plenty on individual stocks. i agree you have to go short term and use as trading tools. would you go with in the money or out or the money puts and call? js

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