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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: MythMan who wrote (16011)1/15/1999 4:39:00 PM
From: Lucretius  Read Replies (2) of 86076
 
the problem is I think it will be a couple weeks (in Feb)

BUT I think we could dump at any time. The risk is so much to the downside that I think getting out NOW is the prudent thing to do. You don't have to load up on puts. That is speculation and as such comes a certain amount of guesswork and feel. Much like Wed morning when we woke up and the spoos were lock limit down... I think we'll get the same thing at some point (when neither I nor anybody else expects it) and we opejn WAY down and just keep falling. The scenario I outlined is the action I'd like to see as we put in the top, but it could happen any number of ways. W/ the Rea'l now free floating... all it takes is a little selling in the FOREX mkt and poof! panic time!!!!!
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