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

To: blitzfund who wrote (77416)11/10/2007 9:37:00 AM
From: Real Man  Read Replies (3) | Respond to of 94695
 
This week is November expiration, with a lot more puts than
calls in the money. A normal reaction would be a sharp bounce.
However, there is a relatively high probability of BK like
one that happened on expiration week in August due to
a sharp increase of volativity. Trying to dip
into calls on expiration week Monday proved to be a disaster
in August, this week could be a repeat. This thread may be
brave and dip on Monday, I'll stay out of stocks and calls
this week. If we BK, I'll dip next Tuesday. If not, I'm ready
to miss part of the ride on the train to DOW=18000. -g-



To: blitzfund who wrote (77416)11/10/2007 9:48:17 AM
From: blitzfund  Read Replies (2) | Respond to of 94695
 
Vi to da ski, u might want to drop the "uno" and make dat, more like riding da breaking wave to DOW 8000 and SPX 800. lucky numbers IMHO BWDIK

Surfs Up,

Blitz


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