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

To: Jon Matz who wrote (43777)	10/3/1999 9:14:00 PM
From: William H Huebl	Read Replies (2) \| Respond to of 94695

Jon, You are partially right... about 3-4 weeks ago, the value went over 20 (the key level mentioned) and then Barron's didn't publish the figures the next week. The past two weeks it has been over 20 and last week over 30. Yes, I have been commenting it was over 20 (not 30) and emphasizing the seriousness of it. And 2 weeks after my first mention of it, true to form, we had the start of the current sell-off as predicted. Now what I do not understand is, even in the face of the sell-off, people are going nutz buying equity calls compared to index puts. THAT has never happened before either and it could mean we are in for a mega-BK. BWDIK? Bill PS Thanks for asking... I appreciate it when a question is asked because it means I haven't communicated something adequately... the question serves to point that out so I can fix it!