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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (30091)10/3/1998 4:19:00 PM
From: Barbara Barry  Read Replies (1) of 94695
 
Bill,
See you HAVE taught me well!;)
I entered the calls a bit premature instead of Fri am and did not add to the position.Then had to leave the puter for a bit and I saw another right shoulder being put in so I sold.There was a brief pullback and I was glad to get out...it did rally a bit though I should have waited for at least that full point.Hey when you trade options,ANY gain is a winner. Right?I MIGHT even take some positions this week,which for me is rare the closer to expiry we get.Right now many people are taking one side or the other so the voltility should be pretty big.IMHO. I haven't tracked the earnings warnings but if memory serves me (rare for that) they seem to worse now than Q2???I don't think the fat lady has sung yet...a couple of bars maybe....so it ain't over yet till she belts out the whole song!
Regards,
Barbara
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