Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (25566)	8/29/1998 12:32:00 PM
From: Barbara Barry	Read Replies (2) of 94695

bb, Your timing on the long and short side has been great. What is troubling me is that now too many people are in the camp that we rally and then crash!It is never that easy where the majority can be right is it?Right now I don't know how to play the game so I guess I am alone on the sidelines. ;( I do think the volatility will continue into Oct. but I am too chicken to initiate puts unless we rally hard past 8500-8600...maybe a straddle?...I don't think this market will die so quickly.FWIW Bill has kept me from buying puts for many months now,thank goodness,as I have thought this market was absurd all year. Personally, I have been hearing about some redemptions from an insitutional broker. I forgot to bookmark the site that shows money flow for the funds...could you please post it? Regards, Barbara

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