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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: John Carragher who wrote (67110)10/31/2003 1:57:24 PM
From: mishedlo  Respond to of 94695
 
My hedges are such that my maximum profit occurs on a 1/4 hike before may and no more that 1/4 more between may and sept. Since I also have DEC plays on I can go out further and still take a further 1/2 point cut after september before dec

Anywhere in the +-1/2 range between now and sept I am a huge winner. But best is +1/4 in a May timeframe (provided we get no more than 1/4 by sept)

I am very very comfortable in my play

M