Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (30776)	10/8/1998 11:34:00 AM
From: Barbara Barry	Read Replies (1) of 94695

Bill, Actually, I lucked out with the calls...in at 2 out at 3!:)Phew!! I put in some limit orders on otm puts and calls today.You might be right about this being the START of the BK.Looking at today's action in the overall market it is going to get a lot uglier,imho.I had a call from one gal that said she just couldn't take it anymore and dumbed her mutual funds the other day....start of capitulation????The one hope or arguement I can come up with for a slight delay in the BK for later this month:Mutual fund redemptions and tax loss selling.IF that plays in Toledo then we can make a killing with Nov puts. AAAHH poop!!Ralph just lowered his target for the dow to below 6800...He's blowing it for me! Regards, BB

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