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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (9313)	8/8/2001 10:03:49 AM
From: Jack of All Trades	Respond to of 209892

I think you could be somewhat correct about the funds holding stuff they don't want. The question is what makes them sell and to whom? I think we start getting some down and some will want out before others, hopefully causing a big move down... I'm looking for the big move down, trying to buy puts at local highs and sell partial to cover cost plus a little extra to cover when I'm wrong on the local highs. Holding the balance. When/if it happens I will make decent money, until then it's basically a zero sum game for me looking at the big picture...