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

To: donald sew who wrote (41261)	7/1/1999 7:22:00 AM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

Don, I only have a couple of things going for my position... - SCY is obscenely low... should be under .85 now and falling. - except for yesterday, the volume has not been all that great. - mutual fund flows, though maybe up for the past week (we will know tonight) have been relatively low. - fear is a thing of the past. - some indicators are in my favor... (butt, many are not). I want to see some more evidence before I sell the farm and buy mega puts. What would do it for me is a major increase in the equity call/index put OI ratio to over 20. That would be the icing on the cake for me. Bill