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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 (48521)9/19/2000 9:14:28 PM
From: blitzfund  Read Replies (1) | Respond to of 94695
 
Hi Bill,

I think the only way you could win in 10 days is if you purchase puts (out of the money)during this rally, (if that's what you want to call it)and hope that all those big boys that have been selling into every rally race for the door before month end(aka quarter end). Oh yeah, this should help GZ, since they should try to push the winners up(oil stocks).
BWDIK
Blitz



To: William H Huebl who wrote (48521)9/19/2000 9:31:41 PM
From: Mark Adams  Read Replies (1) | Respond to of 94695
 
I agree with Blitz.

We may rally, but I can't see it being a great rally given such little action to the down side. If we rally, I'll sell into strength and wait patiently for a decent break to the downside.


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