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Strategies & Market Trends : Waiting for the big Kahuna

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To: contax who wrote (40191)5/22/1999 8:35:00 PM
From: William H Huebl  Read Replies (1) of 94695
 
Karim,

Barron's based forecast: less volatility this week with an upward bias. The major strength should be at the beginning of the week...

No BK yet... options ratios are not wildly bullish YET. But AGAIN, the SCY ratio hit new historical lows showing that this market is wildly overvalued.

I will use the strength to buy puts...

Bill
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