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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 (64175)6/2/2003 10:53:57 AM
From: Real Man  Read Replies (2) | Respond to of 94695
 
Just bought some long term NDX puts. The min requirement for the rally in SPX has been reached, but puts on ND are very cheap right now, because of multi-month low on VXN. I expect at least a correction, maybe new lows. We'll have to wait and see what Mr. Market says.