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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 (62541)1/30/2003 2:15:57 PM
From: robert b furman  Read Replies (1) | Respond to of 94695
 
I see the spiral he referrs to.

I'm just watching most of my stocks and they have a declining "Balance of Power" and in some cases entering negative.Additionally many are oversold and negative regarding stochastics.Most often an oversold stochastic gives you a sucker rise and then goes very oversold and darn near flatlines.

I happen to be a certified self proclaimed expect at identifying that sucker rise as my lack of patience has trapped me all too often thru that ugly flatline period.

My time table goes like this regarding the war:

Feb 5th Powell pitches the U.N.
Feb 14th Blix reports to the U.N. - he will say the inspection process is working and needs more time.February 16th is a full moon.Our forces will use the dark as a military edge or advantage.
The next dark moon is March 2nd.

After Blix appeals for more time,Bush will say it doesn't take that long for Iraq to prove they have destroyed their weapons.You've got 1 week.Saddam better pack his bags and grab exile - cause our forces will be locked and loaded for initiating war.The last week will be fine tuned based on weather.

March 3-10 we get it going -

After the first day(night) - no assessment can be made until it is light and planes do damage assessment (still classified)

By the third day we'll be watching what they want us to see.- (ah the splendors of technology at work)

By the 4-5th day we'll be hearing good news about fast success and the army defecting.

The seige and isolation of Baghdad will be ongoing and stories of refugees pouring out of the city will be features on the news.

By then - we should have sold naked puts and bot close to in the money calls and buying them up on the runup.

BWDIK

That's my story and I'm sticking to it.

GZ will have been short 6 times and long 6 times by then.gg

The boy is good - isn't he?

Bob