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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (40746)6/18/1999 10:03:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
Hi Bill; Well they tossed in the money now, how much more do they
have to throw at her ?
Lets see they will go on margin Monday and maybe Tuesday,
she does have a head of steam up, but it takes more & more
coal in the fire to keep it moving.
Do you think they have enough money to get her past her old
high ? I seriously doubt it but with full margin they may
get there..what happens if she don't clear that resistance for
the 4th time. I do think she is now going to make a run at it,
and will save my dry powder till she gets there.
But the VIX is mighty low right now , however it can get lower
or just hold for a spell.
She has got the after burners on for right now.
Took a little skin off my butt before I got out of the
way. The longer they go the more painful it will be.
Jim