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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (22268)7/24/1998 9:55:00 PM
From: William H Huebl  Read Replies (1) of 94695
 
Fantastic Jim,

I don't think it could be said better. Ask you know, I play both sides. I tried to buy BA calls when it was at 42 in mid-June for the move up but I went too cheap. Then when I saw the 200 day MA was DOWN, cancelled THAT order and went for puts, but too early... but thankfully far enough out to give the stock time to tank. NOW that it has broken the neckline of the H&S, puts are the way to go IMHO. Now if I can get the timing right THIS time, I might be able to REALLY make $$.

Bill
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