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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 (69256)	4/26/2004 2:06:02 PM
From: dave rose	Read Replies (1) \| Respond to of 94695

William: I'm "Waiting for the big Kahuna" and I think, along with R Russell, that it will be here within the next year. Do you have an opinion on the following action. Buy a Jan 30 SDS put @ about $3.20 with SDS trading at $28.80 the premium would be about $2 for protection on parts of my portfolio until the beginning of next year. Do you have a better way to protect your holdings? TIA finance.yahoo.com

To: William H Huebl who wrote (69256)	4/26/2004 2:06:48 PM
From: robert b furman	Read Replies (1) \| Respond to of 94695

Hi Bill, That would be a reasonable response. Those eternal optimists can resonably say we're winning and those pessimists have a good case on some very serious and unusual problems. I've always been on the bright side and don't think betting against decent people helping the oppressed as the safest way out. I believe the inevitability of Al Quaeda failing is predetermined. While visiting New Zealand and Australia this last February - I became even more assured that this is correct. Up until then I thought perhaps we American were paranoid and being somewhat manipulated from political viewpoints. While over there I was genuinely surprised how solidly Auzzie's fear terrorism.The Balli bombing was there 9/11 and a lot of them really fear - they are next. The democracies of the globe will not allow terrorism - and our reach of justice has now become glabal and everpresent. It is a fatal error of Al Quaeda to take on everyone - it will be there undoing. Actually there hatred will be the undoing. Bob