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


To: Skeet Shipman who wrote (42794)8/8/1999 11:52:00 AM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Skeet,

I noticed much of the same thing. HOWEVER, the SI 24 hours survey went to 0.17 which is the lowest I have ever seen it. Low values sometimes mean a sell-off the next day. In this case, it could mean a reversal??? BTW, today it is 0.80 - a much more reasonable level.

Since I closed my AMR puts on Friday, I will be getting into some puts over the next couple of days to balance the remaining calls I have.

Bill