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To: Lucretius who wrote (37229)11/14/2000 10:51:25 AM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
possible. i'm definitely hanging on to puts on the financials, and if the index puts retreat far enough i plan on buying back the Decembers. however, cycle wise we have to look at both Nov. 27 and Dec. 15 as potential turning points (the ultimate cycle low is projected for Jan 26). we'll see where the highs/lows will be...i'm just saying, you have to be prepared for a possible high around Nov. 27...if it's a low instead of a high, the high will occur on the next turn date. a post expiration BK would fit nicely with that scenario...