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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 (50004)1/17/2001 1:13:06 PM
From: Mark Adams  Read Replies (1) | Respond to of 94695
 
Blasted market seems to have the rose colored glasses on now. And options expiration due soon.

I like the green, but corporate profits are being impacted by higher energy costs, and relief doesn't seem to be on the horizon.

We appear to be expanding PEs by holding prices steady as earnings drift lower.

If the VIX drops back to 20, I may buy some puts. BWDIK?



To: William H Huebl who wrote (50004)1/17/2001 2:27:49 PM
From: Skeet Shipman  Read Replies (1) | Respond to of 94695
 
Hi Bill.
At this time it doesn't look like we'll breakout. Love options expiration weeks!
Skeet