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

To: Mark Adams who wrote (48917)	10/17/2000 9:36:59 PM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

You sure you aren't holding back on me, now are you??? <ggggggggg> This may take some time!

To: Mark Adams who wrote (48917)	10/17/2000 10:09:06 PM
From: William H Huebl	Read Replies (3) \| Respond to of 94695

Despite every reason to expect a possible crash tomorrow or Thursday... it may NOT happen??? When things didn't go according to plan today (expecting a continued move up with, perhaps, some weakness at the close), I went back and reviewed everything I could possibly look at... - unless the lems get running in the next day or two, from a technical standpoint, I have to believe "support" - whatever that means - will hold and we may see a strong move UP (gack). Yeah, this still fits in with my volatility call for the week but I thought it would be up the first part of the week and then down the last. Not up down up... - if this is so, it could REALLY get the shorts running and cause a very strong pop in the market... but I was not expecting such a strong pop. I have (fantasy money of course) 100 djx calls at the 102 level and 450 MRK puts... I am trying to buy some really cheap HM calls just as insurance... figure gold will pop if the market tanks. Best I can do for now: ^XAL ready to turn bullish but still a mixed negative pix - Airline Index (AMEX) ^BIX ready to turn bullish but still a mixed negative pix - Banking Index (S&P) ^BKX ready to turn bullish but still a mixed negative pix - Banking Index (Philly) Options ^BTK should catch a strong buy in next couple of days??? Biotech Index (AMEX) ^BMX should catch a strong buy in next couple of days??? BoxMaker (Philly) Options