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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (38135)3/10/1999 5:14:00 PM
From: Barbara Barry  Read Replies (2) of 94695
 
Bill,
LOL..On the mend already...won't tell the girls yet! Well, it looks like our little VIXen is tired of going down and the vgy needs viagra!
I don't want to fall into a bear trap, BUT this market is getting weaker.imho...I am still trying to get some puts for a very short term trade...remember this is going to be triple witching which often has an upward bias. I won't bet the farm yet...for the moment the trend is still up, however feeble, so tread lightly.Now next week will be another story.Any telling charts lately???I am also more carefully watching the bellweather stocks.
You know I have been interviewing in the tech sector lately and it is absolutely amazing how many executives have streaming quotes on the bottom of their screens....I have never seen so many people getting addicted to the market!More people than ever in history are in one way or another involved in equities...this might make the BK even more elusive and by the same token when it sneaks up on us...Katie bar the door!!!!But I realized even more so today after an interview with a MAJOR player in tech, that it's going to take a lot to cause more than a 10%-15% correction. I guess that is where my "psych indicators" come into play.
Regards,
BB
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