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

To: Gersh Avery who wrote (75279)	4/17/2007 12:54:11 AM
From: Bid Buster	Respond to of 94695

Its only on top because of all the OT posts. Everyone knows the markets going to the moon -g-

To: Gersh Avery who wrote (75279)	4/17/2007 5:55:48 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

Yes, and it's a valid point. It is a very ST sell that will come today or tomorrow. However, printing by the Fed, put OI for May and June, and recent put/call ratios all have a potential to extend this rally into June. So, probably stay here or decline some to work off overbought, and I might just buy calls on that dip when it comes. Once I get a buy, of course -g- 12% M3 growth makes bears obsolete. They may have to wait until October. -g-