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Strategies & Market Trends : Waiting for the big Kahuna

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To: Darrin Vernier who wrote (31287)10/12/1998 11:01:00 AM
From: BubbaFred  Read Replies (2) of 94695
 
IMO, we are 100 Dow pts from the ceiling of 8150-8200. I am closing out my calls and placing limit orders for puts. Presently, U.S. market leads, not follows world markets. U.S. has most at stake in stabilizing Asia etc. Action between 1130-1300 hours ET will tell if 8200 will be broken.
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