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Strategies & Market Trends : Waiting for the big Kahuna

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To: robert b furman who wrote (22420)7/27/1998 10:18:00 AM
From: William H Huebl  Read Replies (2) of 94695
 
Bob,

I will be around today... am painting! To respond:

- Yeah, Bob, that respresents ONE point of support and perhaps a week or month of hold-up. Another is 410 which may be 420 by the time we get to THAT area. But in all cases, I expect support to give way.

- I am trying for CTJ PUTS at 1/8th but they have already gotten away from me... should have gone in at the market! I usually have the best luck on market entrances and certainly exits. But my inclination is to wait for the best deal and THAT usually keeps me out.

If and when the market comes back (it is down over 75), I may change to a market order... but I just HATE chasing stocks.

Bill

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